Municipals Calendar: New York Environmental Facilities plans sale

WEEK OF MAY 30

MEMPHIS (TENNESSEE): $66 million series 2011A general improvement and refunding general obligation bonds (Aa2/AA/); negotiated; J.P. Morgan Securities LLC (lead); proceeds to fund certain public works projects and refund city's series 2003 general improvement bonds; pricing week of May 30.

SAN BERNARDINO COUNTY (CALIFORNIA): $165 million series 2011-12 tax and revenue anticipation notes; negotiated; Citigroup Global Markets Inc. and Bank of America Merrill Lynch (lead); notes due June 29, 2012; proceeds to fund general county operating expenses ahead of the collection of certain taxes and revenues; pricing week of May 30.

JUNE 2

DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $684.275 million series 2011 general purpose state personal income tax revenue bonds (/AAA/AA); competitive; Public Financial Management, Inc. (financial adviser); proceeds to finance certain state matching grants under the HECap program, certain grants under the HEAL NY grant program, capital projects at the City University of New York senior college facilities and community college facilities, grants under the EXCEL program, contributions to the costs of the remediation of hazardous waste sites, various environmental infrastructure projects and water pollution control projects; pricing June 2.

• $653.85 million series 2011A tax-exempt bonds

• $30.425 million series 2011B taxable bonds

MAINE: $116.865 million series 2011 general obligation bonds (Aa2/AA/); competitive; Public Financial Management, Inc. (financial adviser); 2011A bonds due 2012 to 2014; 2011B bonds due 2012 to 2021; proceeds to repay at maturity on June 15, 2011 outstanding bond anticipation notes issued to fund capital expenditures; pricing June 2.

• $40.565 million series 2011A taxable bonds

• $76.3 million series 2011B tax-exempt bonds

MAYOR AND CITY COUNCIL OF BALTIMORE (MARYLAND): $54.73 million series 2011 general obligation bonds (Aa2/AA-/); negotiated; J.P. Morgan Securities LLC (lead); Citigroup Global Markets Inc. and Siebert Brandford Shank & Co. LLC (co-managers); 2011A bonds due 2012 to 2031; 2011B bonds due 2012 to 2021 with term bonds due in 2026 and 2031; proceeds to fund public improvements for the city; pricing June 2.

• $31.13 million series 2011A tax-exempt bonds

• $23.6 million series 2011B taxable bonds

NEW YORK STATE ENVIRONMENTAL FACILITIES CORP./NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY: $510.6 million series 2011B state clean water and drinking water revolving fund revenue bonds (Aa1/AA+/AA+); negotiated; Morgan Stanley & Co. Inc. and Jefferies & Co. (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc., Fidelity Capital Markets, Goldman, Sachs & Co., Grigsby & Associates Inc., J.P. Morgan Securities LLC, Lebenthal & Co. LLC, Loop Capital Markets LLC, Rice Financial Products Co., Roosevelt & Cross Inc., Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC; bonds due 2012 to 2041; proceeds to provide financial assistance to the New York City Municipal Water Finance Authority to finance or refinance water pollution control and drinking water projects and refund existing bonds; pricing June 2.

OMAHA PUBLIC POWER DISTRICT (NEBRASKA): $150 million series 2011A electric system revenue bonds (Aa1/AA/); negotiated; Goldman, Sachs & Co. and Bank of America Merrill Lynch (lead); Ameritas Investment Corp., Citigroup Global Markets Inc., Edward Jones & Co. Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc., RBC Capital Markets LLC and Wells Fargo Securities LLC (co-managers); bonds due 2014 to 2022; proceeds to make upgrades to city's electric system, as well as refund its series 2002B, 2003A and 2005A bonds; pricing June 2.

PENNSYLVANIA STATE PUBLIC SCHOOL BUILDING AUTHORITY: $71.3 million series 2011 revenue bonds (Aa2//AA); negotiated; Citigroup Global Markets Inc. (lead); bonds due in 2026; proceeds to finance new school construction, acquisition of land for school sites, renovation of existing schools and the purchase of educational equipment and technology; pricing June 2.

• $31 million series 2011A federally taxable qualified school construction revenue bonds

• $40.3 million series 2011B federally taxable qualified zone academy revenue bonds

SOUTHWESTERN COMMUNITY COLLEGE DISTRICT (CALIFORNIA): $70 million series 2011 general obligation bonds (Aa2/AA-/); negotiated; Alta Vista Financial Inc. (lead); proceeds to fund repairs and renovations to the Southwestern College campus; pricing June 2.

WEEK OF JUNE 6

MEMPHIS-SHELBY COUNTY AIRPORT AUTHORITY (TENNESSEE): $79.625 million series 2011 refunding revenue bonds (A2/A-/A+); negotiated; Morgan Keegan & Co. Inc. (lead); Cabrera Capital Markets LLC, J.P. Morgan Securities LLC and Duncan-Williams Inc. (co-managers); proceeds to refund authority's series 1999D and 2001A-B bonds; pricing week of June 6.

• $17.555 million series 2011B AMT bonds

• $20.785 million series 2011C AMT bonds

• $41.285 million series 2011D non-AMT bonds

JUNE 9

JACKSONVILLE (FLORIDA): $87.975 million series 2011B special revenue bonds (Aa2/AA-/AA); competitive; Public Financial Management, Inc. (financial adviser); bonds due 2013 to 2021; proceeds to finance capital projects under the Better Jacksonville program; pricing June 9.

JUNE

HIGHER EDUCATION LOAN AUTHORITY OF THE STATE OF MISSOURI: $579 million series 2011-1 student loan asset-backed Libor floating-rate notes (/AAA/AAA); negotiated; Morgan Stanley & Co. Inc. (lead); proceeds to acquire student loans; pricing in June.

ON THE HORIZON

EDUCATION REFORM SUCCESS INC. (GEORGIA): $105.635 million series 2011 certificates of participation; negotiated; Citigroup Global Market Inc. and Morgan Keegan & Co. Inc. (lead); proceeds to construct, acquire, equip and furnish a new high school to replace North Atlanta High School.

• $72.46 million series 2011A taxable qualified school construction bonds

• $33.175 million series 2011B tax-exempt COPs

ENERGY NORTHWEST (WASHINGTON): $421.78 million revenue and refunding bonds; negotiated; Citigroup Global Markets Inc. and Bank of America Merrill Lynch (lead); 2011C Columbia Generating Station taxable bonds due July 1, 2019; 2012A Project 1 bonds due 2013 to 2017; 2012A Columbia Generating Station refunding bonds due 2018 to 2021; 2012A Project 3 bonds due July 1, 2018; proceeds to pay costs associated with operating the Columbia Generating Station and refund existing Project 1, Columbia Generating Station and Project 3 bonds.

• $3.085 million series 2011C Columbia Generating Station taxable electric revenue bonds

• $156.02 million series 2012A Project 1 electric revenue refunding bonds

• $194.53 million series 2012A Columbia Generating Station electric revenue refunding bonds

• $68.145 million series 2012A Project 3 electric revenue refunding bonds

FLORIDA DEVELOPMENT FINANCE CORP./REINAISSANCE CHARTER SCHOOLS INC.: $88.475 million series 2011 educational facilities revenue bonds (//BB+); negotiated; B.C. Ziegler & Co. (lead); proceeds to finance and refinance construction, acquisition and equipment of charter schools in Broward, Duval and Miami-Dade counties.

• $85.135 million series 2011A tax-exempt bonds

• $3.34 million series 2011B taxable bonds

FRANKLIN COUNTY/OHIOHEALTH CORP. (OHIO): $316.7 million series 2011 hospital facilities revenue and refunding bonds; negotiated; Barclays Capital Inc. (sole); proceeds to finance or refinance construction, acquisition, equipment and improvement of existing health care system facilities, as well as to refund OhioHealth's series 2006 bonds.

• $130 million series 2011A revenue bonds

• $62.23 million series 2011B refunding bonds

• $62.235 million series 2011C refunding bonds

• $62.235 million series 2011D refunding bonds

GREATER ORLANDO AVIATION AUTHORITY (FLORIDA): $90 million series 2010 airport facilities refunding revenue bonds (Aa3/A+/AA-); negotiated; Loop Capital Markets LLC (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (co-managers); 2010C bonds due 2019 to 2028; 2010D bonds due 2011 to 2018; proceeds to refund authority's series 1999A-B bonds.

• $75 million series 2010C AMT bonds

• $15 million series 2010D non-AMT bonds

HOUSTON (TEXAS): $450 million series 2011D first lien combined utility system revenue bonds (Aa2/AA/); negotiated; Bank of America Merrill Lynch (lead); Estrada Hinojosa & Co. Inc., J.P. Morgan Securities LLC, Goldman, Sachs & Co., Mesirow Financial Inc., Piper Jaffray & Co., Rice Financial Products Co. and Wells Fargo Securities LLC (co-managers); proceeds to extend, construct, improve and repair city's utility systems, as well as refund series B commercial paper notes.

HUDSONVILLE PUBLIC SCHOOLS (MICHIGAN): $82 million series 2011 unlimited tax school building and site general obligation bonds; negotiated; Fifth Third Securities Inc. (lead); The Huntington Investment Co. and Stifel, Nicolaus & Co. Inc. (co-managers); bonds due 2012 to 2028 with term bonds due 2031, 2033, 2036 and 2041; proceeds to construct, equip and furnish a new high school, auditorium, pool, elementary school and transportation facility building, as well as renovate and repair existing school facilities.

IMPERIAL IRRIGATION DISTRICT (CALIFORNIA): $76.78 million series 2011B electric system refunding revenue bonds (A1/AA-/A+); negotiated; Goldman, Sachs & Co. and Citigroup Global Markets Inc. (lead); bonds due 2012 to 2041; proceeds to refund district's series A notes, which were used to finance a portion of the El Centro Unit 3 Repower Project.

INDUSTRIAL DEVELOPMENT CORP. OF THE PORT OF BELLINGHAM (WASHINGTON)/BP WEST COAST LLC: $111 million series 2010 environmental facilities industrial revenue bonds; negotiated; Goldman, Sachs & Co.; proceeds to construct sewage treatment and solid waste disposal facilities at BP's Cherry Point Refinery in Whatcom County, Wash.

KENT HOSPITAL FINANCE AUTHORITY/SPECTRUM HEALTH SYSTEM (MICHIGAN): $106.355 million series 2011A revenue and refunding bonds (Aa3/AA/); negotiated; J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (lead); proceeds to reimburse the health system for construction, improvements, acquisitions and repairs to existing Spectrum Health hospitals, as well as to refund Spectrum Health's series 2005B and 2008B-1 bonds.

LANCASTER COUNTY HOSPITAL AUTHORITY/LANCASTER GENERAL HOSPITAL (PENNSYLVANIA): $75 million series 2011 health system revenue bonds (Aa3/AA-/); negotiated; Bank of America Merrill Lynch and RBC Capital Markets LLC (lead); Wells Fargo Securities LLC and Janney Montgomery Scott LLC (co-managers); proceeds to construct, add, expand and improve the hospital laboratory facilities and its angiography suite, as well as refund its series 1998 and 2008 bonds.

LOS ANGELES COUNTY (CALIFORNIA): $1.3 billion series 2011-12 tax and revenue anticipation notes; negotiated; J.P. Morgan Securities LLC (lead); Citigroup Global Markets Inc., Goldman, Sachs & Co., Backstrom McCarley Berry & Co. LLC, Loop Capital Markets LLC, Piper Jaffray & Co. and Raymond James & Associates Inc. (co-managers); proceeds to finance cash flow requirements ahead of the collection of taxes and revenues.

MASSACHUSETTS PORT AUTHORITY: $211.56 million series 2011 ConRAC project special facilities revenue bonds (A3/A/A-); negotiated; Citigroup Global Markets Inc. (lead); Morgan Keegan & Co. Inc., Barclays Capital Inc., Fidelity Capital Markets LLC and Jefferies & Co. (co-managers); 2011A bonds due July 1, 2041; 2011B bonds due 2012 to 2021 with term bonds due July 1, 2031 and July 1, 2038; proceeds to construct and equip a consolidated rental car facility at Boston-Logan International Airport.

• $58.495 million series 2011A non-AMT bonds

• $153.065 million series 2011B taxable bonds

MASSACHUSETTS STATE COLLEGE BUILDING AUTHORITY: $51.865 million series 2011A refunding revenue bonds; negotiated; Jefferies & Co. (lead); Bank of America Merrill Lynch, Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Ramirez & Co. Inc. and Raymond James & Associates Inc. (co-managers); proceeds to refund existing debt.

METROPOLITAN BOSTON TRANSIT PARKING CORP. (MASSACHUSETTS): $304.23 million series 2011 systemwide senior lien parking revenue bonds (A1/A+/); negotiated; Citigroup Global Markets Inc. (lead); Barclays Capital Markets Inc., J.P. Morgan Securities LLC, Ramirez & Co. Inc., Corby Capital Markets, Fidelity Capital Markets Services Inc. and Loop Capital Markets LLC (co-managers); bonds due 2022 to 2031 with term bonds due in 2036 and 2041; proceeds to refund existing corporation debt.

METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO (ILLINOIS): $500 million series 2010 general obligation capital improvement bonds (Aaa/AAA/AAA); negotiated; J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch, Barclays Capital Inc., Duncan-Williams Inc., Loop Capital Markets LLC, Ramirez & Co. Inc., Siebert Brandford Shank & Co. LLC and William Blair & Co. Inc. (co-managers); 2010A bonds due 2012 to 2014; 2010B bonds due 2015 to 2018; 2010C bonds due 2019 to 2025 with a term bond due 2032; proceeds to construct, remodel, rehabilitate and repair water facilities, flood protection controls and pollution measures.

• $30 million series 2010A taxable bonds

• $70 million series 2010B tax-exempt bonds

• $400 million series 2010C Build America Bonds

OHIO: $50 million series 2011A revitalization project bond anticipation notes (MIG 1/SP-1+/F1+); negotiated; Bank of America Merrill Lynch (lead); KeyBanc Capital Markets Inc., RBC Capital Markets LLC, Baird & Co. and Ross, Sinclaire & Associates LLC (co-managers); notes due June 1, 2022; proceeds to foster environmentally sound and productive development, use or reuse of public and private lands within the state.

OKLAHOMA STUDENT LOAN AUTHORITY: $213.5 million series 2011-1 taxable Libor Oklahoma student loan bonds (/AAA/AAA); negotiated; Bank of Ameirca Merrill Lynch; bonds due June 1, 2040; proceeds to acquire eligible student loans from lenders or holders in the authority's network, as well as refund authority's series 2008I-A1 variable-rate bonds.

ORANGE COUNTY (CALIFORNIA): $150 million series 2011-12 tax and revenue anticipation notes (MIG 1/SP-1+/); negotiated; De La Rosa & Co. (lead); notes due March 15, 2012, May 15, 2012 and June 29, 2012; proceeds to finance cash flow requirements during the 2011-12 fiscal year ahead of the collection of taxes and revenues.

ORLANDO-ORANGE COUNTY EXPRESSWAY AUTHORITY (FLORIDA): $290 million series 2011A refunding revenue bonds (//A); negotiated; Wells Fargo Securities LLC (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC, Raymond James &

Associates Inc., Barclays Capital Inc., Goldman, Sachs & Co., Morgan Stanley & Co. Inc. and RBC Capital Markets LLC (co-managers); proceeds to refund authority's series 2008B-1 and 2008B-2 bonds.

PUERTO RICO INDUSTRIAL, TOURIST, EDUCATIONAL, MEDICAL AND ENVIRONMENTAL CONTROL FACILITIES FINANCING AUTHORITY: $103.23 million series 2011A hospital revenue and revenue refunding bonds (/A-/); negotiated; J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc. (lead); FirstBank Puerto Rico Securities and Popular Securities (co-managers); bonds due 2015 to 2021 with term bonds due 2026 and 2033; proceeds to refund existing hospital revenue bonds.

RIVERSIDE COUNTY (CALIFORNIA): $250 million series 2010-2011 tax and revenue anticipation notes (MIG 1/SP-1+/); negotiated; De La Rosa & Co. Inc. (lead); Citigroup Global Markets Inc. and Wedbush Securities Inc. (co-managers); 2011A notes due March 30, 2012; 2011B notes due June 29, 2012; proceeds to fund expected capital requirements ahead of the collection of taxes and other revenues.

• $125 million series 2011A notes

• $125 million series 2011B notes

SOUTH CAROLINA PUBLIC SERVICE AUTHORITY (SANTEE COOPER): $336 million series 2011A taxable Libor index revenue obligations; negotiated; Goldman, Sachs & Co. (lead); J.P. Morgan Securities LLC and Wells Fargo Securities LLC (co-managers); bonds due July 1, 2013 and June 2, 2014; proceeds to retire outstanding commercial paper.

• $168 million bonds due July 1, 2013

• $168 million bonds due June 2, 2014

SPECIAL CARE FACILITIES FINANCING AUTHORITY OF THE CITY OF PELL/NOLAND HEALTH SERVICES INC. (ALABAMA): $92.98 million series 2010A revenue bonds (/A-/); negotiated; RBC Capital Markets Corp. (lead); bonds due 2011 to 2020 with term bonds due 2025, 2030 and 2039; proceeds to finance capital improvements to Noland Health facilities, as well as advanced refund authority's series 2007A and refund its series 2009A bonds.

SUMTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/CENTRAL FLORIDA HEALTH ALLIANCE: $72.025 million series 2011A hospital revenue refunding and improvement bonds (Baa1/BBB+/); negotiated; RBC Capital Markets LLC and PNC Capital Markets LLC (lead); proceeds to fund improvements, additions and expansions to Central Florida Health facilities, including the addition of new inpatient beds and expansion of alliance's emergency department, as well as refund debt.

TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP./BAYLOR HEALTH CARE SYSTEM (TEXAS): $98.925 million series 2011A hospital revenue bonds (Aa2/AA-/); negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (lead); Estrada Hinojosa & Co. Inc., Rice Financial Products Co. and Siebert Brandford Shank & Co. LLC (co-managers); proceeds to construct, equip, acquire and furnish a 95-bed acute hospital in McKinney, Texas, new operating rooms at the Medical Center in Dallas, new Samson Cancer Center at the Medical Center in Dallas and other improvements and additions to Baylor Health facilities, as well as to refund the health care system's series 2006C bonds.

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