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Published on 12/6/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Clarksville, Tenn., building authority calls portions of revenue bonds

By Ashley Montgomery

Kansas City, Kan., Dec. 6 - The Public Building Authority of the City of Clarksville, Tenn., plans to redeem a portion of its series 2004 and 2005 Tennessee Municipal Bond Fund adjustable rate pooled financing revenue bonds, according to two notices.

The bonds will be redeemed Jan. 5, 2013 at par plus accrued interest to the redemption date.

Affected are $2.8 million of series 2004 variable-rate bonds due July 1, 2034 and $965,000 of series 2005 variable-rate bonds due Nov. 1, 2035.

The Bank of New York Mellon Trust Co., NA is the trustee or agent.

Based in Nashville, the Tennessee Municipal Bond Fund creates and administers various types of loan programs for the benefit of cities and counties in Tennessee.


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