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District of Columbia calls $61.25 million of its Gallery Place bonds
By Tali David
Minneapolis, May 24 - The District of Columbia plans to redeem $61,245,000 of its Gallery Place Project tax increment revenue bonds, series 2002, according to a redemption notice.
The following notes will be redeemed at par plus accrued interest on July 1:
• $1.93 million of 5.5% bonds due July 1, 2013;
• $2,035,000 of 5.5% bonds due July 1, 2014;
• $2.15 million of 5.5% bonds due July 1, 2015;
• $2.27 million of 5.5% bonds due July 1, 2016;
• $2,395,000 of 5.5% bonds due July 1, 2017;
• $2,525,000 of 5.5% bonds due July 1, 2018;
• $2,665,000 of 5.5% bonds due July 1, 2019;
• $2.81 million of 5.125% bonds due July 1, 2020;
• $2,955,000 of 5.125% bonds due July 1, 2021;
• $3,105,000 of 5.125% bonds due July 1, 2022;
• $18,125,000 of 5.25% bonds due July 1, 2027; and
• $18.28 million of 5.4 bonds due July 1, 2031.
Wells Fargo Bank, NA is the agent.
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