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Published on 8/24/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Contra Costa Water District, Calif., calls $78.3 million revenue bonds

By Tali David

Minneapolis, Aug. 24 - Contra Costa Water District, Calif., called $78.31 million of its series L water revenue refunding bonds in full, according to a redemption notice.

The following will be redeemed at par plus accrued interest on Oct. 1:

• $5.9 million of 4% bonds due Oct. 1, 2013;

• $6.15 million of 4.25% bonds due Oct. 1, 2014;

• $6.42 million of 4.25% bonds due Oct. 1, 2015;

• $6,695,000 of 4.5% bonds due Oct. 1, 2016;

• $7,015,000 of 5% bonds due Oct. 1, 2017;

• $7,365,000 of 5% bonds due Oct. 1, 2018;

• $4,825,000 of 5% bonds due Oct. 1, 2019;

• $5.06 million of 5% bonds due Oct. 1, 2020;

• $2,135,000 of 5% bonds due Oct. 1, 2021;

• $2.24 million of 5% bonds due Oct. 1, 2022;

• $2,355,000 of 5% bonds due Oct. 1, 2023;

• $2,475,000 of 5% bonds due Oct. 1, 2024;

• $11.25 million of 5% bonds due Oct. 1, 2028; and

• $13,735,000 of 5% bonds due Oct. 1, 2032.

U.S. Bank, NA is the trustee.

The Concord, Calif.-based water district delivers water to residents of central and eastern Contra Costa County near the San Francisco Bay Area.


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