Chicago Park District to redeem in full $75.34 million tax park bonds

By Devika Patel

Knoxville, Tenn., Sept. 26 - The Chicago Park District said it has called all $17.6 million of its series 2001C general obligation limited tax park bonds and all $57.74 million of its series 2001D G.O. unlimited tax park bonds.

The bonds will be redeemed at par on Oct. 21.

The following 2001C bonds are affected:

• $1.8 million of 5.5% bonds due Jan. 1, 2013;

• $1.9 million of 5.5% bonds due Jan. 1, 2014;

• $3.92 million of 5.5% bonds due Jan. 1, 2015;

• $1.43 million of 5.5% bonds due Jan. 1, 2016;

• $1.5 million of 5.5% bonds due Jan. 1, 2017;

• $1.63 million of 5.5% bonds due Jan. 1, 2018;

• $1.72 million of 5.5% bonds due Jan. 1, 2019;

• $1.81 million of 5.5% bonds due Jan. 1, 2020; and

• $1.91 million of 5.5% bonds due Jan. 1, 2021.

The following 2001D bonds are affected:

• $680,000 of 4.5% bonds due Jan. 1, 2012;

• $710,000 of 4.6% bonds due Jan. 1, 2013;

• $745,000 of 4.7% bonds due Jan. 1, 2014;

• $775,000 of 4.75% bonds due Jan. 1, 2015;

• $200,000 of 5.5% bonds due Jan. 1, 2016;

• $220,000 of 5.5% bonds due Jan. 1, 2017;

• $245,000 of 5.5% bonds due Jan. 1, 2018;

• $245,000 of 5.5% bonds due Jan. 1, 2019;

• $245,000 of 5.5% bonds due Jan. 1, 2020;

• $270,000 of 5.5% bonds due Jan. 1, 2021; and

• $53.41 million of 5.5% bonds due Jan. 1, 2029.

The Bank of New York Mellon is the trustee.

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