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Published on 1/19/2011 in the Prospect News Municipals Daily.

Douglas County, Ga., to sell $97.01 million G.O. sales tax bonds

By Sheri Kasprzak

New York, Jan. 19 - Douglas County in Georgia is set to price $97.01 million of series 2011 general obligation sales tax bonds, according to a preliminary official statement.

The bonds (Aa2/AA-/) will be sold on a negotiated basis with Citigroup Global Markets Inc. and SunTrust Robinson Humphrey Inc. as the senior managers.

The bonds are due 2011 to 2016.

Proceeds will be used to construct, equip and acquire a jail and related law enforcement facilities.


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