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Published on 4/24/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Williamson County, Texas, defeases 2009 toll revenue, limited tax bonds

By Tali Rackner

Norfolk, Va., April 24 – Williamson County, Texas, defeased some of its series 2009 pass-through toll revenue and limited tax bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Feb. 15, 2019:

• $3,545,000 of 5% bonds due Feb. 15, 2022;

• $3,725,000 of 5% bonds due Feb. 15, 2023;

• $3.92 million of 5% bonds due Feb. 15, 2024;

• $4.12 million of 5% bonds due Feb. 15, 2025;

• $4.33 million of 4.875% bonds due Feb. 15, 2026;

• $4,545,000 of 5% bonds due Feb. 15, 2027;

• $4.78 million of 5% bonds due Feb. 15, 2028;

• $5,025,000 of 5% bonds due Feb. 15, 2029; and

• $16.68 million of 5% bonds due Feb. 15, 2032.

The following will be redeemed at par plus accrued interest on May 28:

• $6.14 million of 5.125% bonds due Feb. 15, 2033; and

• $4.5 million of 5.125% bonds due Feb. 15, 2034.

BOKF, NA dba Bank of Texas is the paying agent.


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