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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 4/3/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Jacksonville, Fla., defeases series 2003, 2004 sales tax revenue bonds

By Ashley Montgomery

Kansas City, Kan., April 3 - The City of Jacksonville, Fla., defeased its series 2003 and 2004 Better Jacksonville sales tax revenue bonds, according to a notice.

The series 2004 bonds will be called for redemption on May 2, and the series 2003 bonds will be called for redemption on Oct. 1, 2013, both at par plus accrued interest to the redemption date.

The following series 2003 bonds are affected:

• $5.7 million of 4% bonds due Oct. 1, 2014;

• $5.93 million of 5.25% bonds due Oct. 1, 2015;

• $6.24 million of 5.25% bonds due Oct. 1, 2016;

• $6,565,000 of 5.25% bonds due Oct. 1, 2017;

• $2,005,000 of 5.25% bonds due Oct. 1, 2018;

• $4,905,000 4.5% bonds due Oct. 1, 2018;

• $7.24 million of 5.25% bonds due Oct. 1, 2019;

• $7.62 million of 5.25% bonds due Oct. 1, 2020;

• $8,015,000 of 5.25% bonds due Oct. 1, 2021;

• $8.44 million of 5% bonds due Oct. 1, 2022;

• $7.6 million of 5% bonds due Oct. 1, 2023; and

• $9.3 million of 5% bonds due Oct. 1, 2024.

The following series 2004 bonds are affected:

• $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 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 million 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.

Wells Fargo Bank, NA is the agent.


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