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Published on 5/31/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Glendale, Ariz., calls 2003 water and sewer revenue obligations

By Marisa Wong

Madison, Wis., May 31 - The City of Glendale, Ariz., gave notice that it will redeem in full its water and sewer revenue obligations, series December 2003.

The following bonds will be redeemed on July 1 at par plus accrued interest to the redemption date:

• $2,975,000 of 5% bonds due July 1, 2014;

• $3.12 million of 5% bonds due July 1, 2015;

• $3.28 million of 5% bonds due July 1, 2016;

• $3,445,000 of 5% bonds due July 1, 2017;

• $3,615,000 of 5% bonds due July 1, 2018;

• $3,795,000 of 5% bonds due July 1, 2019;

• $3,985,000 of 5% bonds due July 1, 2020;

• $4,185,000 of 5% bonds due July 1, 2021;

• $4,395,000 of 5% bonds due July 1, 2022;

• $5.74 million of 5% bonds due July 1, 2023; and

• $33,315,000 of 5% bonds due July 1, 2028.


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