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Clarksville, Tenn., calls some Tennessee Municipal Bond Fund bonds
By Marisa Wong
Madison, Wis., June 3 - The Public Building Authority of the City of Clarksville, Tenn., gave notice that it will redeem portions of its adjustable-rate Tennessee Municipal Bond Fund pooled financing revenue bonds, series 2003, 2005 and 2008, on July 1.
The bonds will be redeemed at par plus accrued interest to the redemption date.
To be redeemed are the following bonds:
• $3.72 million of $72.425 million outstanding 2003 bonds due Jan. 1, 2033;
• $3.695 million of $94.08 million outstanding 2005 bonds due Nov. 1, 2035; and
• $7.695 million of $179.39 million outstanding 2008 bonds due Feb. 1, 2038.
Based in Nashville, the Tennessee Municipal Bond Fund creates and administers various types of loan programs for the benefit of cities and counties in Tennessee.
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