Lubbock, Texas, to redeem some G.O., tax and waterworks system bonds

By Tali Rackner

Norfolk, Va., May 5 – The City of Lubbock, Texas, called and defeased various general obligation bonds and tax and waterworks system surplus bonds, according to a Rule 15c2-12 filing with the Securities and Exchange Commission.

The following bonds are affected:

• $8.73 million of series 2005 G.O. refunding bonds, to be redeemed on May 12;

• $6.56 million of series 2005 tax and waterworks system surplus revenue refunding bonds, to be redeemed on May 12;

• $35,465,000 of series 2007A tax and waterworks system surplus revenue certificates of obligation, to be redeemed on Feb. 15, 2017;

• $4,015,000 of series 2007 tax and waterworks system surplus revenue certificates of obligation, to be redeemed on Feb. 15, 2017;

• $8.8 million of series 2007 G.O. refunding bonds, to be redeemed on Feb. 15, 2017;

• $34,595,000 of series 2008 tax and waterworks system surplus revenue certificates of obligation, to be redeemed on Feb. 15, 2017;

• $39,205,000 of series 2008 tax and waterworks system surplus revenue certificates of obligation, to be redeemed on Feb. 15, 2018; and

• $1,265,000 of series 2008 G.O. refunding bonds, to be redeemed on Feb. 15, 2018.

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