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Erie County Industrial defeases all 2004 school facility revenue bonds
By Ashley Montgomery
Kansas City, Kan., April 19 - Erie County Industrial Development Agency defeased all $262.13 million outstanding of its series 2004 school facility revenue bonds issued for the School District of Buffalo Project, according to a notice.
The redemption date is May 1, 2014.
According to the notice, a redemption price is not applicable for bond numbers R-7 and R-8. The rest of the bonds will be redeemed at par.
The following bonds are affected:
• $10.62 million of 5% notes due May 1, 2012;
• $11,165,000 of 5% notes due May 1, 2013;
• $11,735,000 of 5% notes due May 1, 2014;
• $12,385,000 of 5.75% notes due May 1, 2015;
• $13.12 million of 5.75% notes due May 1, 2016;
• $13,895,000 of 5.75% notes due May 1, 2017;
• $14.72 million of 5.75% notes due May 1, 2018;
• $15.59 million of 5.75% notes due May 1, 2019;
• $16.51 million of 5.75% notes due May 1, 2020;
• $17.49 million of 5.75% notes due May 1, 2021;
• $18,525,000 of 5.75% notes due May 1, 2022;
• $19.62 million of 5.75% notes due May 1, 2023;
• $20,785,000 of 5.75% notes due May 1, 2024;
• $22,015,000 of 5.75% notes due May 1, 2025; and
• $43,955,000 of 5.75% notes due May 1, 2026.
Manufacturers and Traders Trust Co. is the trustee.
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