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Los Altos School District, Calif., defeases $26.15 million G.O. bonds
By Tali David
Minneapolis, March 13 - Los Altos School District, Calif., defeased $26,145,000 of its series 2006 general obligation refunding bonds, according a notice.
The following bonds will be redeemed at par plus accrued interest on Aug. 1, 2016:
• $1.05 million of 4.5% bonds due Aug. 1, 2017;
• $2.25 million of 5% bonds due Aug. 1, 2017;
• $3.64 million of 5% bonds due Aug. 1, 2018;
• $4,015,000 of 5% bonds due Aug. 1, 2019;
• $4.42 million of 5% bonds due Aug. 1, 2020;
• $4,845,000 of 5% bonds due Aug. 1, 2021;
• $5.3 million of 5% bonds due Aug. 1, 2022; and
• $625,000 of 5% bonds due Aug. 1, 2023.
U.S. Bank NA paying agent and escrow agent.
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