Jacksonville, Fla., announces redemption of $371.05 million of bonds

By Tali David

Minneapolis, April 2 - City of Jacksonville, Fla., called $155.22 million of its series 2001 transportation revenue bonds and $215,825,000 of its Better Jacksonville sales tax revenue bonds, series 2001 and 2004, according to separate notices.

The following transportation bonds will be redeemed at par plus accrued interest on May 2:

• $3,415,000 of 5.125% bonds due Oct. 1, 2021;

• $50.9 million of 5% bonds due Oct. 1, 2026;

• $54.9 million of 5.25% bonds due Oct. 1, 2029; and

• $46,005,000 of 5% bonds due Oct. 1, 2031.

The following series 2001 sales tax bonds will be redeemed at par plus accrued interest on May 2:

• $30.26 million of 5% bonds due Oct. 1, 2026; and

• $61,365,000 of 5% bonds due Oct. 1, 2030.

The following series 2004 sales tax bonds will be redeemed at par plus accrued interest on May 2:

• $6.29 million of 3.25% bonds due Oct. 1, 2013;

• $6,495,000 of 3.375% bonds due Oct. 1, 2014;

• $6.71 million of 3.5% bonds due Oct. 1, 2015;

• $6.95 million of 3.625% bonds due Oct. 1, 2016;

• $7,205,000 of 4% bonds due Oct. 1, 2017;

• $7.49 million of 4% bonds due Oct. 1, 2018;

• $7.79 million of 4% bonds due Oct. 1, 2019;

• $8.1 million of 4% bonds due Oct. 1, 2020;

• $8.43 million of 4.125% bonds due Oct. 1, 2021;

• $8.77 million of 4.25% bonds due Oct. 1, 2022;

• $9,145,000 of 4.25% bonds due Oct. 1, 2023;

• $9.53 million of 4.5% bonds due Oct. 1, 2024;

• $9.96 million of 4.625% bonds due Oct. 1, 2025;

• $10,425,000 of 4.625% bonds due Oct. 1, 2026; and

• $10.91 million of 4.625% bonds due Oct. 1, 2027.

U.S. Bank NA is the trustee.

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