Murrieta Valley, Calif., $56 million school district bridge funding COPs have mandatory purchase

By Marisa Wong

Milwaukee, April 8 - The Murrieta Valley Unified School District of California gave notice that its $56 million 2009 school facility bridge funding program certificates of participation are subject to mandatory purchase on May 3.

The mandatory purchase follows a conversion of the interest rate to a weekly rate, effective May 3.

The certificates will be purchased at par.

U.S. Bank NA is the trustee.

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