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Dallas defeases 2006, 2007, 2008 waterworks and sewer system bonds
By Tali Rackner
Norfolk, Va., March 27 – The City of Dallas defeased its series 2006, 2007 and 2008 waterworks and sewer system revenue refunding bonds, according to multiple notices.
The city will redeem $53.65 million of series 2006 bonds maturing Oct. 1, 2035; $158.45 million of 2007 bonds due Oct. 1, 2019 through 2028; and $85,135,000 of series 2008 bonds due Oct. 1, 2019 through 2030, 2033 and 2037.
The 2006 bonds will be redeemed on Oct. 1, 2015, the 2007 bonds will be redeemed on Oct. 1, 2017 and the 2008 bonds will be redeemed on Oct. 1, 2018.
US. Bank NA is the paying agent and registrar.
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