Clear Creek Independent School District, Texas, defeases 2005 bonds

By Ashley Montgomery

Kansas City, Kan., May 25 - Clear Creek Independent School District of Texas has defeased portions of its series 2005 unlimited tax schoolhouse bonds, according to a notice.

The bonds will be redeemed Feb. 15, 2015 at par.

The following bonds are affected and have been called in full:

• $1,775,000 of bonds due Feb. 15, 2017;

• $2 million of bonds due Feb. 15, 2018;

• $2.25 million of bonds due Feb. 15, 2019;

• $2.5 million of bonds due Feb. 15, 2020;

• $2.75 million of bonds due Feb. 15, 2021;

• $3 million of bonds due Feb. 15, 2022;

• $10.27 million of bonds due Feb. 15, 2023;

• $10.94 million of bonds due Feb. 15, 2024;

• $11,635,000 of bonds due Feb. 15, 2025;

• $12.34 million of bonds due Feb. 15, 2026;

• $12.89 million of bonds due Feb. 15, 2027; and

• $13.5 million of bonds due Feb. 15, 2028.

Bank of New York Mellon is the agent.

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