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Published on 2/27/2008 in the Prospect News Municipals Daily.

East Bay Utility Municipal District plans to redeem $50 million auction rate bonds March 25

By Cristal Cody

Springdale, Ark., Feb. 27 - The East Bay Utility Municipal District gave notice Tuesday that on March 25 it will redeem the $50 million outstanding principal on its auction rate bonds.

The wastewater system subordinated revenue/refunding series 2003A bonds mature in 2033.

The bonds will be payable from the proceeds of refunding bonds the California district issued.

Additional comment was not available.


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