Northside School District, Texas, calls $2.88 million of tax bonds

By Melissa Kory

Cleveland, May 2 - The Northside Independent School District of Texas said it will redeem a combined $2.88 million of its series 2006C and 2007A bonds.

Of the total, the school district will redeem $980,000 of its $50 million of 4.1% series 2006C and $1.9 million of its $96.44 million of 1.75% series 2007A unlimited tax refunding bonds.

The series 2006C bonds are due June 1, 2035, and the series 2007A bonds are due June 1, 2037.

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

Bank of New York Mellon is the redemption agent.

The school district is located in San Antonio.

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