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Published on 1/2/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Galveston, Texas, school district calls 2004 unlimited tax bonds

By Marisa Wong

Madison, Wis., Jan. 2 - Galveston Independent School District of Texas gave notice that it will redeem its series 2004 unlimited tax schoolhouse bonds on Feb. 1.

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

• $1,135,000 of 4.75% bonds due Feb. 1, 2016;

• $2,985,000 of 4.75% bonds due Feb. 1, 2017;

• $3.13 million of 4.75% bonds due Feb. 1, 2018;

• $1,935,000 of 4.75% bonds due Feb. 1, 2020;

• $1.48 million of 4.75% bonds due Feb. 1, 2020;

• $3.58 million of 4.75% bonds due Feb. 1, 2021;

• $3,755,000 of 4.75% bonds due Feb. 1, 2022;

• $2,715,000 of 4.75% bonds due Feb. 1, 2015;

• $1.71 million of 4.75% bonds due Feb. 1, 2016;

• $3.27 million of 4% bonds due Feb. 1, 2019;

• $2,055,000 of 4.375% bonds due Feb. 1, 2024;

• $6 million of 4.5% bonds due Feb. 1, 2024;

• $2,145,000 of 4.375% bonds due Feb. 1, 2025; and

• $21,445,000 of 4.5% bonds due Feb. 1, 2029.


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