Washington Suburban Sanitary, Md., to price $180 million bonds, BABs

By Sheri Kasprzak

New York, Sept. 21 - The Washington Suburban Sanitary District of Maryland is set to price $180 million in series 2009 consolidated public improvement bonds on Tuesday, according to a preliminary official statement.

The sale includes $90 million in series 2009A tax-exempt bonds and $90 million in series 2009B Build America Bonds.

The 2009A bonds are due 2010 to 2019 and the 2009B bonds are due 2020 to 2029.

The bonds will be sold on a competitive basis with Public Advisory Consultants Inc. as the financial adviser.

Proceeds will be used to construct and reconstruct water supply facilities within the district, as well as to replace short-term notes.

The district is based in Laurel, Md.

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