Jacksonville, Fla., calls 2001 Better Jacksonville sales tax bonds

By Marisa Wong

Madison, Wis., Aug. 15 - City of Jacksonville, Fla., said it will redeem its Better Jacksonville sales tax revenue bonds, series 2001, on Oct. 1 at par plus accrued interest to the redemption date.

The affected bonds include the following:

• $5.15 million of 5.5% bonds due Oct. 1, 2012;

• $5.435 million of 5.5% bonds due Oct. 1, 2013;

• $5.735 million of 5.5% bonds due Oct. 1, 2014;

• $6.05 million of 5.5% bonds due Oct. 1, 2015;

• $500,000 of 5% bonds due Oct. 1, 2016;

• $5.88 million of 5.5% bonds due Oct. 1, 2016;

• $6.73 million of 5.5% bonds due Oct. 1, 2017;

• $7.1 million of 5.5% bonds due Oct. 1, 2018;

• $7.49 million of 5.2% bonds due Oct. 1, 2019;

• $7.88 million of 5.2% bonds due Oct. 1, 2020; and

• $26.135 million of 5% bonds due Oct. 1, 2023.

U.S. Bank NA is the agent.

Better Jacksonville is a growth management plan implemented by the city in 2000.

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