Sacramento Financing calls $59.29 million capital improvement bonds

By Marisa Wong

Madison, Wis., May 6 - Sacramento City Financing Authority said it will redeem all $59.285 million of its outstanding 2001 series A water and capital improvement projects capital improvement revenue bonds on June 1.

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

To be redeemed are the following bonds:

• $4.525 million of 5.5% bonds due Dec. 1, 2012;

• $195,000 of 4.7% bonds due Dec. 1, 2013;

• $4.675 million of 5.5% bonds due Dec. 1, 2013;

• $5.14 million of 5.5% bonds due Dec. 1, 2014;

• $600,000 of 4.875% bonds due Dec. 1, 2015;

• $4.82 million of 5.5% bonds due Dec. 1, 2015;

• $280,000 of 4.9% bonds due Dec. 1, 2016;

• $5.435 million of 5.5% bonds due Dec. 1, 2016;

• $100,000 of 5% bonds due Dec. 1, 2017;

• $5.93 million of 5.5% bonds due Dec. 1, 2017;

• $470,000 of 5% bonds due Dec. 1, 2018;

• $5.89 million of 5.5% bonds due Dec. 1, 2018;

• $650,000 of 5.1% bonds due Dec. 1, 2019;

• $6.055 million of 5.5% bonds due Dec. 1, 2019;

• $2 million of 5% bonds due Dec. 1, 2020;

• $5.07 million of 5.5% bonds due Dec. 1, 2020;

• $1.15 million of 5.2% bonds due Dec. 1, 2021; and

• $6.3 million of 5.5% bonds due Dec. 1, 2021.

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