Tustin USD, Calif., calls $89.29 million of 2002 special tax bonds

By Tali Rackner

Norfolk, Va., July 14 – The Community Facilities District No. 97-1 of the Tustin Unified School District, Calif., plans to redeem $89.29 million of its 2002 special tax bonds, series A and B, according to two notices.

The bonds will be redeemed at par plus accrued interest on Sept. 1.

The following series A senior-lien bonds, totaling $76.53 million, were called:

• $2.08 million of 4.75% bonds due Sept. 1, 2022;

• $35.41 million of 5% bonds due Sept. 1, 2032; and

• $39.04 million of 5% bonds due Sept. 1, 2038.

The following series B junior-lien bonds, totaling $12.76 million, were called:

• $945,000 of 5.25% bonds due Sept. 1, 2017;

• $2,395,000 of 5.5% bonds due Sept. 1, 2022;

• $5.77 million of 5.6% bonds due Sept. 1, 2029; and

• $3.65 million of 5.625% bonds due Sept. 1, 2032.

U.S. Bank NA is the trustee or agent.

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