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Published on 10/24/2011 in the Prospect News Municipals Daily.

Washington Suburban Sanitary District, Md., to offer $300 million of improvement bonds Nov. 1

By Sheri Kasprzak

New York, Oct. 24 - The Washington Suburban Sanitary District of Montgomery and Prince Georges counties in Maryland is set to sell $300 million of series 2011 consolidated improvement bonds on Nov. 1, said a preliminary official statement.

The bonds will be sold competitively with Public Advisory Consultants LLC as the financial adviser.

The bonds are due 2012 to 2031.

Proceeds will be used to fund the construction and reconstruction of water supply lines, water supply facilities, transmission mains, sewage disposal facilities, large collection mains and water/sewer pipes for subdivisions.


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