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Published on 7/16/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Fort Bend, Texas, school district calls all $72.05 million 2000 bonds

By Marisa Wong

Madison, Wis., July 16 - The Fort Bend Independent School District of Texas said it will redeem its $72.05 million of outstanding series 2000 unlimited tax school building bonds in full on Aug. 15.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

To be redeemed are the following bonds:

• $3.1 million of 7% bonds due Aug. 15, 2011;

• $3.28 million of 5.5% bonds due Aug. 15, 2012;

• $3.47 million of 5.5% bonds due Aug. 15, 2013;

• $3.67 million of 5.75% bonds due Aug. 15, 2014;

• $3.88 million of 5.75% bonds due Aug. 15, 2015;

• $4.105 million of 5.25% bonds due Aug. 15, 2016;

• $4.34 million of 5.25% bonds due Aug. 15, 2017;

• $4.59 million of 5.25% bonds due Aug. 15, 2018;

• $4.855 million of 5.25% bonds due Aug. 15, 2019;

• $5.13 million of 5% bonds due Aug. 15, 2020;

• $5.425 million of 5% bonds due Aug. 15, 2021;

• $5.74 million of 5.125% bonds due Aug. 15, 2022;

• $6.07 million of 5.125% bonds due Aug. 15, 2023;

• $6.42 million of 5% bonds due Aug. 15, 2024; and

• $7.975 million of 5% bonds due Aug. 15, 2025.


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