Scottsdale, Ariz., defeases $77.63 million of series 2004 G.O. bonds

By Tali David

Minneapolis, July 26 - The City of Scottsdale, Ariz., defeased $77,625,000 of its series 2004 general obligation bonds, projects of 1999 and 2000, according to a notice of advance refunding.

The bonds, which are due July 1, 2016 through 2025, will be redeemed at par plus accrued interest on July 1, 2014.

Wells Fargo Bank NA is the refunded registrar.

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