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Published on 1/14/2013 in the Prospect News Municipals Daily.

Municipal Calendar: Virginia Housing to remarket $90 million bonds

Week of January 14

ALASKA: $165.54 million series 2013 general obligation bonds (Aaa/AAA/AAA); negotiated; Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch, Barclays, J.P. Morgan Securities LLC and Wells Fargo Securities LLC (co-managers); proceeds to finance construction of a library and educational facilities; pricing week of Jan. 14.

• $11,945,000 series 2013A taxable qualified school construction bonds due Aug. 1, 2037

• $153,595,000 series 2013B tax-exempt G.O. bonds due 2014 to 2025

CLEVELAND MUNICIPAL SCHOOL DISTRICT (OHIO): $52.33 million series 2013 general obligation school improvement refunding bonds (Aa2/AA/AA); negotiated; J.P. Morgan Securities LLC (lead); KeyBanc Capital Markets LLC, Loop Capital Markets LLC and RBC Capital Markets LLC (co-managers); bonds due 2013 to 2027; proceeds to refund the district's series 2004 bonds, which were initially issued to finance school improvements; pricing week of Jan. 14.

COMMONWEALTH FINANCING AUTHORITY (PENNSYLVANIA): $330 million series 2013 revenue bonds (A1/AA-/AA); negotiated; RBC Capital Markets LLC (lead); Citigroup Global Markets Inc. and PNC Capital Markets LLC (co-managers); proceeds to provide funds for the Alternative Energy Development Program authorized by the Alternative Energy Act; pricing week of Jan. 14.

• $75 million series 2013A-1 taxable bonds due 2014 to 2027

• $48 million series 2013A-2 tax-exempt bonds due 2027 to 2033

• $207 million series 2013B tax-exempt bonds due 2014 to 2032 with term bonds due in 2037 and 2042

LOUISIANA STADIUM AND EXPOSITION DISTRICT: $343.29 million series 2013 senior revenue refunding bonds (A3//A); negotiated; Bank of America Merrill Lynch (lead); Goldman, Sachs & Co., Dorsey & Co. Inc., Morgan Stanley & Co. LLC and Raymond James/Morgan Keegan (co-managers); proceeds to refund existing debt and terminate swap agreements connected to the refunded bonds; pricing week of Jan. 14.

• $297.09 million series 2013A tax-exempt bonds

• $46.2 million series 2013B taxable bonds

METROPOLITAN TRANSPORTATION AUTHORITY: $500 million series 2013A transportation revenue bonds (A2); negotiated; Citigroup Global Markets Inc. and M.R. Beal & Co. (lead); Goldman, Sachs & Co., Bank of America Merrill Lynch, J.P. Morgan Securities LLC, Barclays, Jefferies & Co. Inc., Morgan Stanley & Co. LLC, Ramirez & Co. Inc., Siebert Brandford Shank & Co. LLC, Wells Fargo Securities LLC, BB&T Capital Markets LLC, Duncan-Williams Inc., Edward D. Jones & Co. LP, Fidelity Capital Markets Inc., First Southwest Co., Loop Capital Markets LLC, Piper Jaffray & Co., Raymond James/Morgan Keegan, RBC Capital Markets LLC, Rice Financial Products Co., Roosevelt & Cross Inc. Stifel, Nicolaus & Co. and TD Securities (USA) LLC (co-managers); proceeds to finance transit and commuter projects for the authority; pricing week of Jan. 14.

OHIO STATE UNIVERSITY: $350 million series 2013A special purpose general receipts bonds (Aa2/AA-/); negotiated; Barclays and RBC Capital Markets LLC (lead); Loop Capital Markets LLC and PNC Capital Markets LLC (co-managers); bonds due 2023 to 2033 with term bonds due in 2038 and 2043; proceeds to construct, acquire and equip student housing, dining and recreational facilities at the university's Columbus campus; pricing week of Jan. 14.

OREGON/OREGON UNIVERSITY SYSTEM: $244,865,000 series 2013 general obligation bonds; negotiated; Bank of America Merrill Lynch and Citigroup Global Markets Inc. (lead); Fidelity Capital Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets LLC (co-managers); proceeds to finance a variety of capital projects for the Oregon University System and refund existing G.O. bonds; pricing week of Jan. 14.

• $82,605,000 series 2013A tax-exempt bonds

• $112,495,000 series 2013B taxable bonds

• $17,005,000 series 2013C tax-exempt bonds

• $32.76 million series 2013D taxable bonds

SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY (CALIFORNIA): $411,175,000 series 2013 senior airport revenue bonds (A1/A+/A+); negotiated; Jefferies & Co. and Citigroup Global Markets Inc. (lead); Cabrera Capital Markets LLC, J.P. Morgan Securities LLC, Loop Capital Markets LLC and Siebert Brandford Shank & Co. LLC (co-managers); proceeds to finance capital improvements at San Diego International Airport; pricing week of Jan. 14.

• $112.68 million series 2013A non-AMT bonds due 2015 to 2030 with term bond due in 2043

• $298,495,000 series 2013B AMT bonds due 2015 to 2033 with term bonds due in 2038 and 2043

SAN FRANCISCO PUBLIC UTILITIES COMMISSION: $194.16 million series 2013A wastewater revenue refunding bonds (Aa3/AA-/); negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (lead); Siebert Brandford Shank & Co. LLC, U.S. Bancorp Inc. and Wells Fargo Securities LLC (co-managers); proceeds to refund commission's series 2003A wastewater revenue bonds; pricing week of Jan. 14.

January 15

VIRGINIA HOUSING DEVELOPMENT AUTHORITY: $90 million series 2012C-2 non-AMT commonwealth mortgage bonds remarketing (Aaa/AAA/); competitive; bonds due 2016 to 2025 with term bonds due 2031 and 2038; proceeds were to finance mortgage loans; remarketing Jan. 15.

January 16

NORTH CAROLINA: $250 million series 2013A limited obligation bonds (Aa1/AA+/AA+); competitive; First Southwest Co. (financial adviser); bonds due 2014 to 2033; proceeds to finance capital projects in the state; pricing Jan. 16.

January 17

FREDERICK (MARYLAND): $54,365,000 series 2013 general obligation improvement refunding bonds; competitive; Davenport & Co. LLC (financial adviser); bonds due 2013 to 2025; proceeds to refund the city's series 2002 and 2005 improvement G.O. bonds; pricing Jan. 17.

GREENWICH (CONNECTICUT): $55 million series 2013 general obligation bond anticipation notes (//F1+); competitive; IBIC LLC (financial adviser); notes due Jan. 23, 2014; proceeds to finance capital needs; pricing Jan. 17.

Week of January 21

January 24

EVERETT (WASHINGTON): $62.26 million series 2013 water and sewer revenue refunding bonds (/AA+/); competitive; Piper Jaffray & Co. (financial adviser); bonds due 2013 to 2030; proceeds to advance refund the city's series 2003 and 2005 water and sewer revenue bonds; pricing Jan 24.

MECKLENBURG COUNTY (NORTH CAROLINA): $15 million series 2013 limited obligation bonds (Aa1//AAA); negotiated; Wells Fargo Securities LLC (lead); proceeds to refund a portion of county's series 2008B certificates of participation; pricing Jan. 24.

Week of February 4

February 5

MECKLENBURG COUNTY (NORTH CAROLINA): $100 million series 2013B general obligation refunding bonds (Aa1//AAA); negotiated; Wells Fargo Securities LLC (lead); proceeds to finance park and recreational facilities, school facilities, and community college facilities; pricing Feb. 5.

February 7

UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY (KANSAS): $82.05 million series 2013 general obligation bonds and temporary notes; competitive; Springsted Inc. (financial adviser); proceeds to finance capital improvements in county and city; pricing Feb. 7.

• $15.25 million series 2013A general obligation improvement bonds due 2013 to 2033

• $5,305,000 series 2013B G.O. bonds due 2014 to 2031

• $54,155,000 series 2013-I municipal temporary notes due March 1, 2014

• $7.34 million series 2013-II municipal temporary notes due March 1, 2014

On the Horizon

ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY (CALIFORNIA): $265 million series 2013A tax-exempt senior lien revenue refunding bonds (A3/A/A-); negotiated; Stone & Youngberg and Bank of America Merrill Lynch (lead); bonds due 2019 to 2029; proceeds to refund the authority's series 1999A revenue bonds.

BREVARD COUNTY HEALTH FACILITIES AUTHORITY/HEALTH FIRST INC. (FLORIDA): $66,425,000 series 2013A health facilities revenue refunding bonds (A3/A-/); negotiated; Barclays and Citigroup Global Markets Inc. (lead); proceeds to refund existing debt.

CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY/AMERICAN BAPTIST HOMES OF THE WEST: $71.66 million series 2013 revenue bonds (/BBB/BBB+); negotiated; Ziegler Capital Inc. (lead); proceeds to construct, equip and furnish American Baptist Homes of the West facilities.

• $20 million series 2013A revenue bonds

• $9.66 million series 2013B-1 tax-exempt mandatory paydown securities due 2021

• $12 million series 2013B-2 tax-exempt mandatory paydown securities due 2020

• $30 million series 2013B-3 tax-exempt mandatory paydown securities due 2019

CARY (NORTH CAROLINA): $113.25 million series 2013 combined enterprise system revenue and refunding bonds (Aaa/AAA/AAA); negotiated; Citigroup Global Markets Inc. (lead); Baird & Co. and Wells Fargo Securities LLC (co-managers); bonds due 2013 to 2032 with term bonds due in 2037 and 2042; proceeds to finance wastewater, sewer and reclaimed water projects, as well as to refund the town's series 2004 and 2007 revenue bonds.

COOK COUNTY (ILLINOIS): $90 million county road and highway improvement sales tax revenue bonds (//AAA); negotiated; Wells Fargo Securities LLC (lead); proceeds to finance road, bridge and highway infrastructure projects as part of the county's 2012 -2014 highway transportation plan.

DOUGLAS COUNTY SCHOOL DISTRICT (GEORGIA): $116.91 million series 2013 general obligation refunding bonds (Aa2/AA+/); negotiated; Raymond James/Morgan Keegan (lead); bonds due 2018 to 2027; proceeds to refund existing G.O. debt.

FAIRFAX COUNTY (VIRGINIA): $101,455,000 series 2013B public improvement bonds (Aaa/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); bonds due 2014 to 2024; proceeds to finance school, transportation, public safety, parks and recreation and other improvement, as well as to refund the county's series 2004A-B, 2005A, 2007A and 2008A public improvement bonds.

FRANKLIN COUNTY (OHIO)/FIRST COMMUNITY VILLAGE OBLIGATED GROUP: $52,225,000 series 2013 health care facilities revenue refunding bonds; negotiated; H.J. Sims & Co. (lead); bonds due 2016 to 2022 with term bonds due in 2032 and 2047; proceeds to make capital improvements to the obligated group's skilled nursing group, as well as to retire a term loan.

GEORGETOWN INDEPENDENT SCHOOL DISTRICT (TEXAS): $57,985,000 series 2013A unlimited tax refunding bonds; negotiated; Baird & Co. (lead); Jefferies & Co. and Oppenheimer & Co. (co-managers); bonds due 2013 and 2016 to 2026; proceeds to refund the district's series 2006 unlimited tax bonds.

HAMPTON ROADS SANITATION DISTRICT (VIRGINIA): $215.22 million series 2013 wastewater revenue and refunding bonds (Aa2/AAA/AA+); negotiated; Raymond James/Morgan Keegan (lead); bonds due 2013 and 2019 to 2033 with term bond due in 2038; proceeds to finance capital wastewater projects and refund existing revenue bonds.

HILLSBOROUGH INDUSTRIAL DEVELOPMENT AUTHORITY/TAMPA GENERAL HOSPITAL (FLORIDA): $162,025,000 series 2012A hospital revenue refunding bonds (A3); negotiated; J.P. Morgan Securities LLC (lead); SunTrust Robinson Humphrey and Wells Fargo Securities LLC (co-managers); proceeds to refund the authority's series 2003A revenue bonds.

JEA (FLORIDA): $60.05 million series 2013A electric system subordinated revenue bonds (Aa3/A+/AA); negotiated; RBC Capital Markets LLC (lead); Bank of America Merrill Lynch, Barclays, BMO Capital Markets LLC, Citigroup Global Markets Inc., Goldman, Sachs & Co., Jefferies & Co., J.P. Morgan Securities LLC, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Piper Jaffray & Co., Raymond James/Morgan Keegan and Wells Fargo Securities LLC (co-managers); bonds due 2017 to 2029 with term bonds; proceeds to refund existing subordinated revenue bonds.

JOBSOHIO BEVERAGE SYSTEM: $1,526,740,000 series 2013 statewide senior-lien liquor profits revenue bonds (Aa2/AA/); negotiated; J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (joint bookrunners); Bank of America Merrill Lynch, Morgan Stanley & Co. LLC, Fifth Third Securities LLC, The Huntington Investment Co., KeyBanc Capital Markets LLC and Loop Capital Markets LLC (co-managers); proceeds to grant the system exclusive rights to operate a liquor enterprise and provide additional working capital for the enterprise.

• $423,055,000 series 2013A tax-exempt bonds due 2015 to 2023 with term bond due in 2038

• $1,103,685,000 series 2013B taxable bonds due 2015 to 2023 with term bonds due 2029 and 2035

LA JOYA INDEPENDENT SCHOOL DISTRICT (TEXAS): $88.27 million series 2013 unlimited tax refunding bonds; negotiated; FTN Financial Capital Markets (lead); bonds due 2028 to 2038; proceeds to refund the district's series 2006 and 2008 bonds.

MAINE STATE HOUSING AUTHORITY: $106 million series 2013 mortgage purchase bonds; negotiated; Bank of America Merrill Lynch and Citigroup Global Markets Inc. (lead); J.P. Morgan Securities LLC, Raymond James/Morgan Keegan, Morgan Stanley & Co. LLC and RBC Capital Markets LLC (co-managers); proceeds to finance mortgage loans.

• $7,805,000 series 2013A taxable bonds due 2015 to 2020

• $98,195,000 series 2013B tax-exempt bonds due 2020 to 2024 with term bonds due in 2027, 2032, 2037, 2038 and 2043

MASSACHUSETTS: $230.54 million series 2013A general obligation refunding Sifma index bonds (Aa1/AA+/AA+); negotiated; Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC (lead); Citigroup Global Markets Inc., Fidelity Capital Markets Inc., Jefferies & Co. Inc. and Wells Fargo Securities LLC (co-managers); bonds due 2015 to 2017; proceeds to refund the commonwealth's series 2010A, 2011A and 2012A Sifma index G.O. bonds.

NORTH ORANGE COUNTY COMMUNITY COLLEGE DISTRICT (CALIFORNIA): $149 million series 2013 taxable general obligation refunding bonds (Aa1); negotiated; Piper Jaffray & Co. (lead); proceeds to refund existing G.O. debt.

TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK/WILDLIFE CONSERVATION SOCIETY: $112,515,000 series 2012 revenue bonds (Aa3/AA-/); negotiated; Goldman, Sachs & Co. (lead); bonds due 2022 to 2033; proceeds to construct, equip, furnish and acquire Wildlife Conservation Society facilities at the Bronx Zoo and at the New York Aquarium.

UNIVERSITY OF OKLAHOMA: $59.47 million series 2013 general revenue bonds (/AA/AA-); negotiated; BOSC Inc. (lead for 2013A, co-manager for 2013B) ; Barclays (lead for 2013B); Citigroup Global Markets Inc. (co-manager for 2013B) ; Wells Nelson & Associates LLC (co-manager for 2013A); proceeds to construct, equip, furnish, design and expand student housing and research facilities at the university's Norman campus.

• $10.48 million series 2013A tax-exempt bonds due 2015 to 2034 with term bonds due in 2038 and 2042

• $48.99 million series 2013B taxable bonds due 2015 to 2028 with term bonds due in 2033 and 2042


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