Jacksonville, Fla., announces mandatory tender on $1.31 million bonds

By Ashley Montgomery

Kansas City, Kan., Oct. 9 - The City of Jacksonville, Fla., will redeem $1,305,000 of its variable-rate series 2008A capital projects revenue bonds due Oct. 1, 2034, according to a notice.

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

The city said the bonds are subject to mandatory redemption. The bonds were originally issued in the amount of $67,285,000.

Wells Fargo Bank, NA is the agent.

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