Tigard, Ore., to price $102.5 million water revenue bonds Wednesday

By Sheri Kasprzak

New York, April 16 - The City of Tigard, Ore., plans to come to market with $102.5 million of series 2012 water system revenue bonds on Wednesday, according to a sales calendar.

The bonds (A1) will be sold through Wells Fargo Securities LLC.

Proceeds will be used to fund the city's share of the first construction phases of a new surface water collection and treatment infrastructure, which the city is building in conjunction with the City of Lake Oswego, Ore.

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