Milpitas Redevelopment, Calif., calls series 2003 tax allocation bonds

By Tali Rackner

Norfolk, Va., Feb. 20 – The Milpitas Redevelopment Agency, Calif., called $145.99 million of its series 2003 tax allocation bonds for the Redevelopment Project Area No. 1, according to a notice.

The following 2006 bonds will be redeemed at par plus accrued interest on March 23:

• $6,425,000 of 5% bonds due Sept. 1, 2015;

• $6,745,000 of 5% bonds due Sept. 1, 2016;

• $7.08 million of 5.25% bonds due Sept. 1, 2017;

• $7,455,000 of 5.25% bonds due Sept. 1, 2018;

• $7,845,000 of 5.125% bonds due Sept. 1, 2019;

• $8,245,000 of 5% bonds due Sept. 1, 2020;

• $8.66 million of 5.25% bonds due Sept. 1, 2021;

• $9,115,000 of 5% bonds due Sept. 1, 2022;

• $9.57 million of 4.8% bonds due Sept. 1, 2023;

• $10.03 million of 4.625% bonds due Sept. 1, 2024;

• $33,045,000 of 4.9% bonds due Sept. 1, 2027; and

• $31,775,000 of 4.95% bonds due Sept. 1, 2032.

U.S. Bank NA is the trustee.

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