Dallas calls $80.2 million waterworks and sewer system revenue bonds

By Marisa Wong

Madison, Wis., July 14 - The City of Dallas said it will redeem a total of $80.2 million of its waterworks and sewer system revenue refunding and improvement bonds, series 1993-A and 1998.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

The 1993-A bonds will be redeemed on Oct. 1, and the 1998 bonds will be redeemed on Aug. 13.

The city will redeem $4.715 million of its 1993-A bonds, including $2.295 million of 4% bonds due Oct. 1, 2012 and $2.42 million of 4% bonds due Oct. 1, 2013.

To be redeemed are the following 1998 bonds, totaling $75.485 million:

• $4.64 million of 5% bonds due Oct. 1, 2010;

• $6.235 million of 5% bonds due Oct. 1, 2011;

• $6.13 million of 5% bonds due Oct. 1, 2012;

• $3.82 million of 5% bonds due Oct. 1, 2013;

• $3.02 million of 5% bonds due Oct. 1, 2014;

• $2.18 million of 5% bonds due Oct. 1, 2015;

• $2.18 million of 5% bonds due Oct. 1, 2016;

• $2.305 million of 5% bonds due Oct. 1, 2017;

• $2.825 million of 5% bonds due Oct. 1, 2018;

• $2.965 million of 5% bonds due Oct. 1, 2019;

• $17.215 million of 5% bonds due Oct. 1, 2024; and

• $21.97 million of 5% bonds due Oct. 1, 2029.

The Bank of New York Mellon Trust Co., NA is the agent for the 1993-A bonds, and U.S. Bank NA is the agent for the 1998 bonds.

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