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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 4/12/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Detroit Local Development calls $450,000 of tax increment bonds

By Melissa Kory

Cleveland, April 12 - The City of Detroit Local Development Finance Authority said it will redeem $450,000 of its $52.205 million of series 1998A tax increment bonds due May 1, 2021.

The bonds will be redeemed on May 1 at par, plus accrued interest to the redemption date.

U.S. Bank, NA is the redemption agent.


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