Fresno, Calif., defeases $91.1 million sewer system revenue bonds

By Melissa Kory

Cleveland, March 31 - The City of Fresno in California said it defeased its $91.1 million of series 1995A sewer system revenue bonds as of Sept. 1.

The bonds were sold to finance a portion of the costs for design and expansion of the city's wastewater reclamation facility, to finance a reserve fund and to pay costs of financing the bonds.

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