Jacksonville, Fla., commission calls $100 million Mayo Clinic bonds

By Marisa Wong

Madison, Wis., Nov. 3 - Jacksonville Economic Development Commission of Florida gave notice that it will redeem $100 million of its Mayo Clinic Jacksonville health care facilities revenue bonds, series 2001A, B and C, on Dec. 1.

The following bonds will be redeemed at 101 plus accrued interest to the redemption date:

• $35 million of 5.5% series 2001A bonds due Nov. 15, 2036;

• $35 million of 5.5% series 2001B bonds due Nov. 15, 2036; and

• $30 million of 5.5% series 2001C bonds due Nov. 15, 2036.

Wells Fargo Bank, NA is the agent.

Mayo Clinic is a medical research group based in Rochester, Minn., with treatment centers in Arizona, Florida and Minnesota.

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