Port of Seattle to redeem $80.82 million series 2000B G.O. bonds

By Melissa Kory

Cleveland, Jan. 25 - The Port of Seattle announced that it will redeem its $80,815,000 of series 2000B limited tax general obligation bonds.

The bonds will be redeemed on Feb. 23 at par, plus accrued interest to the redemption date.

Bank of New York Mellon is the redemption agent.

To be redeemed are the following bonds:

• $3,495,000 of 6% bonds due Dec. 1, 2011;

• $3,705,000 of 6% bonds due Dec. 1, 2012;

• $3,925,000 of 6% bonds due Dec. 1, 2013;

• $4,165,000 of 6% bonds due Dec. 1, 2014;

• $4.41 million of 6% bonds due Dec. 1, 2015;

• $4,675,000 of 6% bonds due Dec. 1, 2016;

• $4,955,000 of 5.7% bonds due Dec. 1, 2017;

• $5.24 million of 5.75% bonds due Dec. 1, 2018;

• $5.54 million of 5.8% bonds due Dec. 1, 2019;

• $5,860,000 of 5.85% bonds due Dec. 1, 2020;

• $6,205,000 of 5.9% bonds due Dec. 1, 2021; and

• $28.64 million of 5.75% bonds due Dec. 1, 2025.

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