Snohomish School District No. 201, Wash., defeases 2004 G.O. bonds

By Ashley Montgomery

Kansas City, Kan., Dec. 22 - The Snohomish School District No. 201 of Washington State said it defeased portions of its 2004 unlimited tax general obligation bonds.

The bonds will be redeemed at par on Dec. 1, 2014.

The following bonds are affected:

• $5,545,000 of 5% bonds due Dec. 1, 2015;

• $500,000 of 4.25% bonds due Dec. 1, 2016;

• $5.65 million of 5% bonds due Dec. 1, 2016;

• $6,015,000 of 5% bonds due Dec. 1, 2017;

• $6,575,000 of 5% bonds due Dec. 1, 2018;

• $7.18 million of 5% bonds due Dec. 1, 2019;

• $7,815,000 of 5% bonds due Dec. 1, 2020;

• $8.5 million of 5% bonds due Dec. 1, 2021;

• $9,215,000 of 5% bonds due Dec. 1, 2022; and

• $10 million of 5% bonds due Dec. 1, 2023.

The bonds are no longer considered outstanding.

U.S. Bank, NA is the trustee.

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