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Austin, Texas, plans to redeem $23.84 million of various bonds Dec. 5
By Ashley Montgomery
Kansas City, Kan., Nov. 7 - The City of Austin, Texas, said it would redeem $23.84 million of its series 2001 bonds in full on Dec. 5, according to an announcement.
The following series 2001 bonds will be redeemed at par plus the applicable premium:
• $4.685 million of 5.5% public improvement refunding bonds due Sept. 1, 2012;
• $4.97 million of 5.5% public improvement refunding bonds due Sept. 1, 2013;
• $875,000 of 4.75% public improvement refunding bonds due Sept. 1, 2014;
• $925,000 of 4.75% public improvement refunding bonds due Sept. 1, 2015;
• $1.61 million of 5% public improvement refunding bonds due Sept. 1, 2018;
• $1.355 million of 5.125% public improvement refunding bonds due Sept. 1, 2022;
• $4.375 million of 5% public improvement bonds due Sept 1, 2012; and
• $5.045 million of 5% certificates of obligation bonds due Sept. 1, 2012.
The Bank of New York Mellon Trust Co. NA (800 254-2826) is the trustee.
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