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Published on 2/16/2010 in the Prospect News Municipals Daily.

Lower Colorado River Authority, Texas, calls 1999B, E, F bonds at 101

By Marisa Wong

Milwaukee, Feb. 16 - The Lower Colorado River Authority of Texas gave notice that it planned to redeem its refunding revenue bonds on Feb. 16.

The bonds were to be redeemed at 101 plus accrued interest up to the redemption date.

Affected are the following bonds:

• $27.37 million of $34.905 million outstanding 6% bonds, series 1999B, due May 15, 2011;

• $8.645 million of $11.03 million outstanding 6% bonds, series 1999B, due May 15, 2012;

• $57.775 million of $73.7 million outstanding 6% bonds, series 1999B, due May 15, 2013;

• $23.64 million of $30.155 million outstanding 5.875% bonds, series 1999B, due May 15, 2014;

• $13.22 million of $16.86 million outstanding variable-rate bonds, series 1999E, due May 15, 2011; and

• $11.065 million of $14.115 million outstanding variable-rate bonds, series 1999F, due May 15, 2011.

The authority's headquarters are in Austin, Texas.


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