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Published on 5/17/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Irvine Ranch Water District, Calif., calls $1.2 million of bonds

By Tali David

Minneapolis, May 17- Irvine Ranch Water District of California called $1.2 million of its consolidated refunding general obligation bonds, series 2008A, according to a redemption notice.

The bonds, which are due July 1, 2035, will be redeemed at par plus accrued interest on July 1.

Following the transaction, $56.4 million will remain outstanding.

The water district provides drinking water, sewage collection and treatment, recycled water and urban runoff treatment to Central Orange County, Calif.


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