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Florida calls $11 million Jacksonville Transportation Authority bonds
By Marisa Wong
Madison, Wis., Dec. 1 - The State of Florida said it will redeem $11 million of its $54.4 million full faith and credit Jacksonville Transportation Authority bonds, series 1985, on Jan. 1.
The 9.2% bonds, which are due Jan. 1, 2015, will be redeemed at par plus accrued interest up to the redemption date.
The authority is responsible for public transit in Jacksonville, Fla., and roadway infrastructure that connects northeast Florida.
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