Everett, Wash., to price $51 million water and sewer bonds March 10

By Sheri Kasprzak

New York, March 1 - The City of Everett, Wash., is set to price $51 million of series 2011 water and sewer revenue bonds on March 10, according to a preliminary official statement.

The bonds (/AA+/) will be sold competitively with Piper Jaffray & Co. as the financial adviser.

The bonds are due 2014 to 2035.

Proceeds will be used to improve and replace the city's pipeline, to expand sewer capacity, to replace lift stations and to make other improvements and upgrades to the city's water and sewer system.

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