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Published on 4/13/2010 in the Prospect News Municipals Daily.

Harris County, Texas, sets mandatory tender of hospital revenue bonds

By Devika Patel

Knoxville, Tenn., April 13 - The Harris County Health Facilities Development Corp. in Texas said its series 2008-1, series 2008-2 and series 2008-3 Texas Children's Hospital Project hospital revenue variable-rate demand bonds are subject to a mandatory tender at par plus interest on April 27.

The tender is necessary because a substitution of the existing liquidity facility with a substitute liquidity facility will become effective for the bonds on the tender date.

The Bank of New York Mellon Trust Co., NA (800-254-2826) is the trustee.


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