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Published on 9/22/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Mesa County Valley School District, Colo., defeases some G.O. bonds

By Marisa Wong

Madison, Wis., Sept. 22 - Mesa County Valley School District No. 51 of Colorado has defeased certain of its series 2004A general obligation bonds, according to a notice.

The school district defeased the following bonds:

• $5.5 million of 5% bonds due Dec. 1, 2016;

• $7.64 million of 5% bonds due Dec. 1, 2017;

• $7.67 million of 5% bonds due Dec. 1, 2018;

• $7.075 million of 5% bonds due Dec. 1, 2019;

• $8.6 million of 5% bonds due Dec. 1, 2020;

• $9.36 million of 5% bonds due Dec. 1, 2021;

• $9.925 million of 5% bonds due Dec. 1, 2022;

• $10.285 million of 5% bonds due Dec. 1, 2023; and

• $10.655 million of 5% bonds due Dec. 1, 2024.

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

Wells Fargo Bank, NA is the agent.


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