Seattle to redeem $85.89 million series 2001 limited tax G.O. bonds

By Marisa Wong

Madison, Wis., July 6 - City of Seattle said it will redeem its $85.89 million of outstanding series 2001 limited tax general obligation bonds in full on Aug. 1.

The bonds will be redeemed at par plus accrued interest to the redemption date.

Affected are the following bonds:

• $3.655 million of 5% bonds due Aug.1, 2012;

• $3.835 million of 5% bonds due Aug. 1, 2013;

• $4.04 million of 5% bonds due Aug. 1, 2014;

• $4.255 million of 5.25% bonds due Aug. 1, 2015;

• $4.485 million of 5.375% bonds due Aug. 1, 2016;

• $4.49 million of 5.375% bonds due Aug. 1, 2017;

• $4.745 million of 5.375% bonds due Aug. 1, 2018;

• $5.01 million of 5% bonds due Aug. 1, 2019;

• $5.28 million of 5.05% bonds due Aug. 1, 2020;

• $5.585 million of 5.1% bonds due Aug. 1, 2021;

• $3.11 million of 5% bonds due Aug. 1, 2022;

• $3.29 million of 5% bonds due Aug. 1, 2023;

• $3.48 million of 5% bonds due Aug. 1, 2024;

• $3.68 million of 5% bonds due Aug. 1, 2025;

• $3.89 million of 5% bonds due Aug. 1, 2026; and

• $23.06 million of 5.1% bonds due Aug. 1, 2031.

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