Harris County Improvement District, Texas, offers $55.65 million bonds

By Sheri Kasprzak

New York, July 25 – The Harris County Improvement District No. 18 of Texas is set to price $55.65 million of series 2014 unlimited tax bonds on Wednesday, according to a preliminary official statement.

The bonds (A2) will be sold competitively with RBC Capital Markets LLC as the financial adviser.

The bonds are due 2015 to 2038.

Proceeds will be used to redeem the district’s series 2013 bond anticipation notes, which were issued to finance water, wastewater and drainage facilities.

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