Washoe County, Nev., to sell $88.94 million revenue bonds Wednesday

By Sheri Kasprzak

New York, June 11 - Washoe County in Nevada is scheduled to sell $88.937 million in series 2009 highway motor vehicle fuel tax revenue bonds on Wednesday, according to a preliminary official statement.

The bonds (A1/AA-/) will be sold competitively with Hobbs, Ong & Associates Inc. as the financial adviser.

The bonds are due 2012 to 2028.

Proceeds will be used to fund improvements to the county's highway system.

The county seat of Washoe County is Reno, Nev.

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