Antelope Valley Community College, Calif., defeases some G.O. bonds

By Tali Rackner

Norfolk, Va., April 24 - The Antelope Valley Community College District of Los Angeles and Kern Counties, Calif., plans to redeem its series 2004C and 2006 general obligation bonds, according to two notices.

The following 2004C G.O. bonds will be redeemed at par on Aug. 1, 2017:

• $1.23 million of 5.25% bonds due Aug. 1, 2018;

• $1.39 million of 5.25% bonds due Aug. 1, 2019;

• $1,565,000 of 5.25% bonds due Aug. 1, 2020;

• $1,745,000 of 5.25% bonds due Aug. 1, 2021;

• $1,935,000 of 5% bonds due Aug. 1, 2022;

• $6,175,000 of 5% bonds due Aug. 1, 2023;

• $6.76 million of 5% bonds due Aug. 1, 2024;

• $7.39 million of 5% bonds due Aug. 1, 2025;

• $8,055,000 of 5% bonds due Aug. 1, 2026; and

• $8,765,000 of 5.51% bonds due Aug. 1, 2027.

The following 2006 G.O. refunding bonds will be redeemed at par on Aug. 1, 2016:

• $2.23 million of 5% bonds due Aug. 1, 2017;

• $2.48 million of 5% bonds due Aug. 1, 2018;

• $2.75 million of 5% bonds due Aug. 1, 2019;

• $3.04 million of 5% bonds due Aug. 1, 2020;

• $3.35 million of 5% bonds due Aug. 1, 2021; and

• $3,685,000 of 5% bonds due Aug. 1, 2022.

U.S. Bank NA is the escrow agent.

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