Washington State plans to price $823.09 million G.O. bonds

By Cristal Cody

Springdale, Ark., June 27 - Washington intends to price $823.09 million general obligation bonds in a competitive sale on July 9, according to a preliminary official statement.

The sale includes $492.505 million series 2009A various purpose general obligation bonds, $260 million series 2009B motor vehicle fuel tax general obligation bonds and $70.585 million series 2009T taxable bonds.

The series 2009A and 2009B bonds have serial maturities from 2009 through 2033.

The series 2009T bonds are due 2009 through 2014.

Seattle-Northwest Securities Corp. and Montague DeRose and Associates are the state's financial advisers.

Proceeds will be used to fund capital projects, multimodal transportation and public school skill centers.

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