Hillsborough County, Fla., defeases community investment tax bonds

By Ashley Montgomery

Kansas City, Kan., May 24 - Hillsborough County, Fla., has defeased portions of its series 2001A, 2001B and 2004 community investment tax revenue bonds, according to a notice.

The following series 2001 A jail project bonds are affected:

• $980,000 4.125% bond no. R-22 due Nov. 1, 2013;

• $1.02 million 4.3% bond no. R-23 due May 1, 2014;

• $1,025,000 4.3% bond no. R-24 due Nov. 1, 2014;

• $1,065,000 4.375% bond no. R-25 due May 1, 2015;

• $1.07 million 4.375% bond no. R-26 due Nov. 1, 2015;

• $1.11 million 4.5% bond no. R-27 due May 1, 2016;

• $1.12 million 4.5% bond no. R-28 due Nov. 1, 2016;

• $1,165,000 4.6% bond no. R-29 due May 1, 2017;

• $1,165,000 4.6% bond no. R-30 due Nov. 1, 2017;

• $1.22 million 4.7% bond no. R-31 due May 1, 2018;

• $1.22 million 4.7% bond no. R-32 due Nov. 1, 2018;

• $1,275,000 4.75% bond no. R-33 due May 1, 2019;

• $1.28 million 4.75% bond no. R-34 due Nov. 1, 2019;

• $1.34 million 4.75% bond no. R-35 due May 1, 2020;

• $1.34 million 4.75% bond no. R-36 due Nov. 1, 2020; and

• $15,465,000 4.75% bond no. R-37 due Nov 1, 2025.

The following series 2001B storm water project bonds are affected:

• $575,000 4.125% bond no. R-11 due Nov. 1, 2013;

• $595,000 4.3% bond no. R-12 due Nov. 1, 2014;

• $620,000 4.375% bond no. R-13 due Nov. 1, 2015;

• $650,000 4.5% bond no. R-14 due Nov. 1, 2016;

• $680,000 4.6% bond no. R-15 due Nov. 1, 2017;

• $710,000 4.7% bond no. R-16 due Nov. 1, 2018;

• $745,000 4.75% bond no. R-17 due Nov. 1, 2019;

• $780,000 4.75% bond no. R-18 due Nov. 1, 2020; and

• $4,485,000 4.75% bond no. R-19 due Nov. 1, 2025.

The following series 2004 bonds are affected:

• $3.87 million of 4% bonds due May 1, 2016;

• $4.05 million of 4% bonds due May 1, 2017;

• $4,235,000 of 5% bonds due May 1, 2018;

• $4,425,000 of 5% bonds due May 1, 2019;

• $4,465,000 of 5% bonds due May 1, 2020;

• $4.88 million of 5% bonds due May 1, 2021;

• $5,125,000 of 5% bonds due May 1, 2022;

• $5,385,000 of 5% bonds due May 1, 2023;

• $5.67 million of 5% bonds due May 1, 2024; and

• $12,345,000 of 5% bonds due Nov 1, 2025.

The 2001A and 2001B bonds will be redeemed July 2 at 101. The 2004 bonds will be redeemed Nov. 1, 2013 at 101.

The county said it would use the proceeds from its issue of series 2012A and 2012B community investment tax refunding revenue bonds to fund the redemption

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