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Fairfax County, Va., defeases 2006 Joint Public Uses Complex bonds
By Tali Rackner
Norfolk, Va., March 26 - The Fairfax County Economic Development Authority of Virginia defeased its series 2006 lease revenue bonds issued for the Joint Public Uses Complex Project, according to a notice.
The following will be redeemed at par plus accrued interest to their redemption dates:
• $4.27 million of 5% bonds due May 15, 2014; and
• $4,485,000 of 5% bonds due May 15, 2015.
The following will be redeemed at par plus accrued interest on May 15, 2016:
• $4.71 million of 5% bonds due May 15, 2016;
• $4,945,000 of 5% bonds due May 15, 2017;
• $5,195,000 of 5% bonds due May 15, 2018;
• $5,455,000 of 4% bonds due May 15, 2019;
• $5.67 million of 5% bonds due May 15, 2020;
• $5,955,000 of 4.25% bonds due May 15, 2021;
• $6,205,000 of 5% bonds due May 15, 2022;
• $6.52 million of 4.25% bonds due May 15, 2023;
• $6,795,000 of 5% bonds due May 15, 2024;
• $7,135,000 of 5% bonds due May 15, 2025; and
• $7.49 million of 4.5% bonds due May 15, 2026.
The Bank of New York Mellon Trust Co., NA is the escrow agent.
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