Wichita, Kan., to sell $108.31 million G.O. bonds and temporary notes

By Cristal Cody

Tupelo, Miss., March 3 - Wichita, Kan., intends to price $108.31 million general obligation refunding bonds and temporary notes through a competitive sale on March 10, according to a notice of sale.

The sale includes $29.23 million in series 2009A sales tax refunding bonds, $20.02 million in series 2009B refunding bonds and $59.06 million in series 228 improvement temporary notes.

The series 2009A bonds have serial maturities from 2010 through 2017 and the series 2009B bonds have serial maturities fro Dec. 1, 2009 through Dec. 1, 2016.

The notes are due April 8, 2010.

The proceeds will be used to provide temporary financing for capital improvements and to refund the city's series 2002 sales tax bonds, series 754 general obligation bonds sold in 1999, series 763 general obligation bonds sold in 2000 and series 764 and series 766 general obligation bonds sold in 2001.

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