Gilbert, Ariz., set to price $187.99 million G.O. bonds

By Cristal Cody

Springdale, Ark., June 17 - Gilbert, Ariz., intends to price $187.99 million general obligation bonds in a competitive sale on June 24, according to a preliminary official statement released Tuesday.

The series 2008 bonds have serial maturities from 2009 through 2023.

The bonds were authorized in town elections in 2006 and 2007.

Peacock, Hislop, Staley & Given Inc. is the town's financial adviser.

Proceeds will be used for improvements to streets, parks and recreational facilities.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.