Oklahoma City to sell $67.56 million in G.O. bonds on March 25

By Sheri Kasprzak

New York, March 17 - Oklahoma City will price $60.56 million series 2008 general obligation bonds and $7 million in series 2008 limited tax general obligation bonds on March 25, a notice of sale said.

The bonds will be sold on a competitive basis.

The $60.56 million bonds have a serial structure from 2010 to 2028.

Proceeds from the general obligation bonds will be used to construct street, bridge and traffic control systems, drainage control, parks and recreational facilities, fire facilities, police facilities and transit facilities.

The $7 million bonds also have a serial structure from 2010 to 2028.

The proceeds from those bonds will used for economic development.

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