Municipals Calendar: Clark County School to sell $675 million

WEEK OF MAY 12

ANGLETON INDEPENDENT SCHOOL DISTRICT (TEXAS): $55 million unlimited tax school building bonds; negotiated; SWS Securities (lead); pricing week of May 12.

KATY INDEPENDENT SCHOOL DISTRICT (TEXAS): $100 million unlimited tax school building bonds; negotiated; Morgan Stanley (lead); proceeds to construct, equip and acquire two new elementary schools and a junior high school; pricing week of May 12.

OHIO WATER DEVELOPMENT AUTHORITY: $69.235 million series 2008 drinking water assistance fund refunding revenue bonds (Aaa/AAA/); negotiated; UBS Securities (lead); Butler, Wick & Co., Ramirez & Co., SBK-Brooks Investment Corp. (co-managers); bonds due 2009 to 2028; proceeds for deposit to Drinking Water Assistance Fund and for refunding authority's bond anticipation notes; pricing week of May 12.

MAY 15

ARIZONA SPORTS AND TOURISM AUTHORITY: $53.05 million series 2008 senior variable-rate demand revenue refunding bonds (A2//A-); negotiated; RBC Capital Markets; proceeds to refund authority's $53.05 million in series 2005A variable-rate demand revenue bonds used to construct multipurpose stadium facility in Maricopa County, Ariz.; pricing May 15.

CLARK COUNTY SCHOOL DISTRICT (NEVADA): $675 million series 2008A limited tax general obligation bonds; competitive; bonds due 2009 to 2028; proceeds will construct, equip, improve and acquire school facilities; pricing May 15.

GLENDALE, ARIZ.: $84.28 million senior-lien excise tax revenue bonds; negotiated; Banc of America Securities LLC (lead); bonds are due 2009 to 2033; proceeds refund city's series 2006B subordinated-lien excise tax bonds; pricing May 15.

MAINE HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY: $107.14 million series 2008A variable-rate reserve fund resolution revenue bonds (Aa3); negotiated; Cain Brothers and Lehman Brothers; proceeds to refund auction-rate securities of Maine Medical Center; pricing May 15.

NASSAU COUNTY INTERIM FINANCE AUTHORITY (NEW YORK): $124.245 million series 2008F sales tax secured variable-rate refunding bonds (Aa2/VMIG1); proceeds to refund $450 million series 2004B-G and $150 million series 2004I-K refunding auction-rate bonds; pricing May 15.

PFLUGERVILLE INDEPENDENT SCHOOL DISTRICT: $125 million series 2008 unlimited tax school building bonds; negotiated; RBC Capital Markets (lead); maturities from 2010 through 2033; proceeds to purchase school sites and construct new schools, said David Andersen, chief financial officer for the district; pricing May 15.

ST. ANSELM COLLEGE/NEW HAMPSHIRE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY: $62.705 million series 2008 revenue bonds (A3); negotiated; Piper Jaffray; proceeds to refund the outstanding series 1998, series 1999 and series 2004 bonds and fund the construction of a residence hall and renovation of existing facilities; pricing May 15.

SCOTTSDALE HEALTHCARE/INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF SCOTTSDALE: $241.27 million series 2008A revenue refunding bonds and $89.7 million in series 2006F hospital revenue bonds (Aa3/BBB+/); negotiated; Citigroup Global Markets (lead); proceeds refunding hospital's 2006A and 2006B revenue bonds, and series 2007A revenue refunding bonds; pricing May 15.

WEEK OF MAY 19

DOCTORS COMMUNITY HOSPITAL/MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY: $59.17 million series 2008 hospital revenue bonds (Baa2//); negotiated; UBS Securities; proceeds finance a planned new private bed, six-story patient tower and other capital expenses; pricing week of May 19.

MAY 20

COMMONWEALTH OF PENNSYLVANIA: $405.03 million series 2008 general obligation bonds; competitive; first series bonds due 2009 to 2028; first series refunding bonds due 2008 to 2013; proceeds for construction, acquisition and rehabilitation of capital facilities; maintenance and protection of open space and other environmental initiatives; compensation for service in the Persian Gulf conflict; refunding of outstanding general obligation bonds; pricing May 20

• $325 million first series bonds

• $80.03 million first series refunding bonds

FORDHAM UNIVERSITY/DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $97.2 million series 2008 variable-rate private university revenue bonds (A2//); negotiated; Citigroup Global Markets and Merrill Lynch (senior managers); proceeds refund university's series 2005A auction-rate bonds; pricing May 20.

• $48.6 million series 2008A-1 bonds

• $48.6 million series 2008A-2 bonds

IOWA HEALTH SYSTEM/IOWA FINANCE AUTHORITY: $150 million series 2008A variable-rate demand health facilities revenue bonds (Aa3//AA-); negotiated; Citigroup Global Markets (lead); proceeds construct new hospital and fund expansion and renovation projects; pricing May 20.

• $75 million series 2008A-1 bonds

• $75 million series 2008A-2 bonds

JOHNSTON MEMORIAL HOSPITAL AUTHORITY (NORTH CAROLINA): $144.96 million series 2008 Federal Housing Administration insured mortgage revenue bonds (Aaa/AAA/); negotiated; Banc of America Securities LLC (lead); proceeds to repay $21.69 million prior debt and pay the costs to expand and renovate health care facilities; pricing May 20.

LEGHIGH VALLEY HEALTH NETWORK/LEHIGH COUNTY GENERAL PURPOSE AUTHORITY (PENNSYLVANIA): $72.25 million series 2008A hospital revenue bonds (Aaa/AAA/); competitive; Shattuck Hammond Partners (financial adviser); maturities from 2008 through 2038; proceeds to fund constructing, renovating and equipping facilities for the Lehigh Valley Hospital and Lehigh Valley Hospital-Muhlenberg; pricing May 20.

METHODIST LE BONHEUR HEALTHCARE/ HEALTH, EDUCATIONAL AND HOUSING FACILITIY OF SHELBY COUNTY, TENN.: $110.9 million series 2008C fixed rate revenue bonds (A2); negotiated; Morgan Keegan and JPMorgan; proceeds to fund $184 million of projects and refinance and convert $70 million of the outstanding series 2004C auction-rate bonds and all of the series 1985C, series 1995 and series 1998 bonds; pricing May 20.

METROPOLITAN DISTRICT OF HARTFORD COUNTY (CONNECTICUT): $80 million series 2008 general obligation bonds; competitive; First Southwest Co. (financial adviser); maturities from 2009 through 2028; proceeds to refund $63.825 million bond anticipation notes that mature on June 12, 2008 and provide funds for sewer, water and pubic improvement projects; pricing May 20.

NEW MEXICO: $176.12 million severance tax and refunding bonds; competitive; Fiscal Strategies Group (financial adviser); proceeds to finance projects and refund the July 1, 2009 maturity from the series 2003A severance tax bonds and the July 1, 2009 through July 1, 2012 maturities from the series 2002B supplemental severance tax bonds; pricing May 20.

• $156.31 million series 2008A1 severance tax bonds

• $19.805 million series 2008A2 supplemental severance tax refunding bonds

SAN FRANCISCO CITY AND COUNTY (CALIFORNIA): $274.43 million general obligation refunding bonds (Aa3/AA/AA-); competitive; Backstrom McCarley Berry & Co. and Montague DeRose and Associates (co-financial advisors); proceeds to refund a portion of outstanding general obligation bonds to reduce the city's overall debt service payments; pricing May 20.

• $234.285 million series 2008R1 bonds

• $40.145 series 2008R2 bonds

SCHOOL BOARD OF MIAMI-DADE COUNTY (FLORIDA): $150 million series 2008B revenue anticipation notes; competitive; bonds due Jan. 30, 2009; proceeds to renew a portion of a loan financed under 2008A revenue anticipation renewal notes and retire a portion of the 2008A notes; pricing May 20.

SUFFOLK COUNTY (NEW YORK): $69.4 million series 2008A public improvement general obligation bonds (Aa3//AA-); competitive; bonds due 2009 to 2028; proceeds fund capital improvement projects in the county; pricing May 20.

VIRGINIA COLLEGE BUILDING AUTHORITY: $143.645 million series 2008A educational facilities revenue bonds; competitive; Public Resources Advisory Group is financial advisor; bonds due 2009 to 2028; proceeds for capital projects and purchase of equipment for Virginia colleges; pricing May 20.

MAY 21

CAREGROUP/MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY: $538.455 million series 2008 revenue and refunding bonds (A3); negotiated; Citigroup Global Markets (lead); proceeds to provide $150 million of new money for capital projects at the system's four hospitals. The proceeds also will be used to refund the $61.7 million series 1992G2; $4 million series 1996H1; $9.2 million series 1996H2; $3.8 million series 1993F; $35 million series 1998B1; $40 million series 1998B2 bonds; $68.575 million series 2004C1; $69.5 million series 2004C2 and $49.05 million series 2004D bonds; pricing May 21.

LOUISVILLE & JEFFERSON COUNTY METROPOLITAN SEWER DISTRICT: $105 million series 2008A sewer and drainage system revenue bonds (A2); competitive; First American Municipals (financial adviser); proceeds to fund the district's 2009 capital program, which includes expansion, rehabilitation, water quality and drainage projects; pricing May 21.

SISTERS OF MERCY HEALTH SYSTEM/MISSOURI STATE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY: $109.675 million series 2008A, B and C variable-rate demand obligation refunding revenue bonds (Aa2/VMIG1); negotiated; Bear, Stearns & Co.; proceeds to refund the outstanding $108.9 million series 2004A, B and C auction rate bonds; pricing May 21.

WGBH EDUCATIONAL FOUNDATION/MASSACHUSETTS DEVELOPMENT FINANCE AGENCY: $134.75 million revenue bonds; negotiated; RBC Capital Markets (lead); proceeds to pay swap termination fees and refund the foundation's series 2007A, series 2006A, series 2005A and series 2002B variable-rate demand revenue bonds; pricing May 21.

• $107.25 million series 2008A current interest bonds

• $27.5 million series 2008B zero coupon bonds

MAY 22

RAND CORP./CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK: $93.565 million series 2008B revenue bonds (Aaa/VMIG1); negotiated: Banc of America Securities LLC; pricing May 22.

MAY 26

NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY: $500 million water and sewer capital projects fixed-rate bonds; pricing week of May 26.

MAY 28

GUNDERSON LUTHERAN/WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY: $89.3 million series 2008A and B variable-rate demand note revenue and refunding bonds (A1); negotiated; Merrill Lynch & Co.; pricing May 28.

KENTUCKY HIGHER EDUCATION STUDENT LOAN CORP.: $300 million series 2008A-1 tax exempt and A-2 taxable bonds variable rate demand revenue and refunding bonds; negotiated; Bank of America; pricing May 28.

MAY 29

ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY: $107.385 million series 2008 revolving fund refunding revenue bonds (A1); negotiated; Goldman, Sachs & Co. and Merrill Lynch (lead); proceeds refund authority's series 2007A and 2007B revolving fund bonds; pricing May 29.

• $53.795 million series 2008A bonds

• $53.59 million series 2008B bonds

NASSAU COUNTY INTERIM FINANCE AUTHORITY: $124 million variable-rate refunding bonds; pricing May 29.

MAY 30

NASSAU COUNTY INTERIM FINANCE AUTHORITY (NEW YORK): $605.055 million series 2008A-E sales tax secured variable-rate refunding bonds (Aa2/VMIG1); proceeds to refund $450 million series 2004B-G and $150 million series 2004I-K refunding auction rate bonds; pricing May 30.

WEEK OF JUNE 2

EMPIRE STATE DEVELOPMENT CORP.: $495 million variable-rate refunding bonds; pricing week of June 2.

JUNE 4

BOONE HOSPITAL CENTER/BOONE COUNTY (MISSOURI): $100 million series 2008 revenue bonds (A3); negotiated; Stern Brothers; proceeds to finance a portion of the construction of the new patient bed tower and parking structure projects; pricing June 4.

WILLIAM PATERSON UNIVERSITY/NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY: $90 million series 2008C revenue bonds (A2); competitive; Public Financial Management is financial adviser; proceeds to construct addition to university's science building, renovate existing building and refund university's series 1998D bonds; pricing June 4.

JUNE 5

BROWARD COUNTY SCHOOL BOARD (FLORIDA): $275.375 million series 2008A certificates of participation (A1//A+); maturities from 2012 to 2033; proceeds for constructing and expanding schools and facilities; pricing June 5.

JUNE 10

NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY: $650 million fixed-rate building aid revenue bonds; pricing June 10.

JUNE 11

METHODIST LE BONHEUR HEALTHCARE/ HEALTH, EDUCATIONAL AND HOUSING FACILITIY OF SHELBY COUNTY, TENN.: $270 million series 2008A and B variable-rate bonds (A2); negotiated; Morgan Keegan and JPMorgan; proceeds to fund $184 million of projects and refinance and convert $70 million of the outstanding series 2004C auction-rate bonds and all of the series 1985C, series 1995 and series 1998 bonds; pricing June 11.

JUNE 19

CURATORS OF THE UNIVERSITY OF MISSOURI: $120 million series 2008-2009A capital projects notes; pricing June 19.

WEEK OF JUNE 23

NEW YORK STATE ENVIRONMENTAL FACILITIES CORP.: $150 million fixed-rate pooled bonds; pricing week of June 23.

MAY

CITIZENS PROPERTY INSURANCE CORP.: $1.5 billion series 2008A high-risk account senior secured bonds (A2); proceeds to move liquidity reserves away from the auction-rate market.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/ECONOMIC DEVELOPMENT AND HOUSING/EDUCATION: $131 million personal income tax revenue refunding bonds; pricing in May.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/MENTAL HEALTH FACILITIES: $1.2 billion improvement program bonds; pricing in May.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/PRATT INSTITUTE: $104 million partial refunding issue; pricing in May.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/RESIDENTIAL INSTITUTIONS FOR CHILDREN: $60 million bonds; pricing in May.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/ST. JOHN'S UNIVERSITY: $190 million variable-rate refunding bonds; pricing in May.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/UPSTATE COMMUNITY COLLEGES: $58 million refunding bonds; pricing in May.

STATE OF MAINE: $102.7 million series 2008 general obligation bonds; negotiated; UBS Investment Bank, Banc of America Securities, Wachovia Securities, Jackson Securities, Fidelity Capital Markets, RBC Capital Markets and KeyBanc Capital Markets (underwriters); bonds due 2009 to 2018; proceeds for capital projects.

• $96.8 million tax-exempt bonds

• $5.9 million taxable bonds

OREGON/HOUSING AND COMMUNITY SERVICES DEPARTMENT: $105 million series 2008 mortgage revenue bonds; negotiated; Bear, Stearns & Co., Merrill Lynch, Banc of America Securities LLC, Citigroup Global Markets, Edward Jones and Morgan Stanley; series 2008D bonds due 2009 and 2020 to 2023; 2008E bonds due 2010 to 2019 with term bonds due 2027 and 2039; series 2008F bonds due 2039; proceeds to refund outstanding bonds and make a deposit to debt reserve account; pricing in May.

• $11.79 million series 2008D non-AMT bonds

• $58.21 million series 2008E AMT bonds

• $35 million series F variable-rate AMT bonds

QUINCY MEDICAL CENTER/MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY: $61.95 million series 2008A revenue bonds; negotiated; Oppenheimer & Co.; term bonds due in 2018, 2028 and 2038; proceeds to refund the center's series 1993 bonds and finance and refinance capital improvement projects for renovations and equipment upgrades; pricing mid-May.

WISCONSIN HOUSING AND ECONOMIC DEVELOPMENT AUTHORITY: $38 million series 2008B variable-rate demand bonds; negotiated; Merrill Lynch (lead); due Sept. 1, 2034; proceeds to refund existing loans and to purchase new mortgage loans; pricing in May.

JUNE

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/CITY UNIVERSITY OF NEW YORK: $715 million refunding bonds; pricing in June.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/ FORDHAM UNIVERESITY: $125 million bonds; pricing in June.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/MUNICIPAL HEALTH FACILITIES IMPROVEMENT PROGRAM: $720 million refunding bonds; pricing in June.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/NEW YORK UNIVERSITY: $485 million variable-rate bonds; pricing in June.

NEW YORK STATE HOUSING FINANCE AGENCY: $178 million variable rate service contract refunding bonds; pricing in June.

NEW YORK STATE THRUWAY AUTHORITY: $530 million Consolidated Local Street and Highway Improvement Program (CHIPs) variable-rate refunding bonds; pricing in June.

ON THE HORIZON

CATHOLIC HEALTH INITIATIVES/COLORADO HEALTH FACILITIES AUTHORITY/MONTGOMERY COUNTY, OHIO: $250 million revenue bonds; negotiated; J.P. Morgan Securities Inc. and UBS Investment Bank; proceeds to refund series 2006C2, C4, C6 and C8 bonds and the Ohio-priced series 2006C2 bonds.

• $40 million series 2008C2

• $40 million series 2008C4

• $60 million series 2008C5

• $60 million series 2008C8

• $50 million series 2008C bonds (Ohio)

CHICAGO SYMPHONY ORCHESTRA/ILLINOIS FINANCE AUTHORITY: $85 million bonds

CHICAGO TRANSIT AUTHORITY: $1.79 billion sales and transfer tax receipts revenue bonds (P)Aa3; proceeds will be deposited into the authority's employee retirement plan and used to create a retiree health care trust.

• $1.213.045 billion series 2008A bonds

• $577.63 million series 2008B bonds

CHILDREN'S HOSPITAL AND REGIONAL MEDICAL CENTER/WASHINGTON HEALTH CARE FACILITIES AUTHORITY: $90.765 million series 2008C revenue bonds (Aa3); negotiated; Goldman, Sachs & Co. (lead); proceeds to repay a taxable line of credit.

CHILDREN'S TRUST (COMMONWEALTH OF PUERTO RICO): $205.29 million tobacco settlement asset-backed bonds; negotiated; Citigroup Global Markets (lead); maturity of May 15, 2058; proceeds to pay for government operating expenses and to fund grants.

• $157.912 million series 2008A

• $47.378 million series 2008B

CLEVELAND: $95.634 million series 2008 public power system revenue bonds (A2/A-/); negotiated; Lehman Brothers; J.P. Morgan Securities Inc. and Loop Capital Markets (co-managers); proceeds to refund series 2006B refunding revenue bonds.

• $20.09 million series 2008A bonds due 2016 to 2024

• $75,544,167 series 2008B bonds due 2010 to 2018, term bonds due 2023, 2028 and 2038

COMMONWEALTH OF PUERTO RICO: $1.06 billion general obligation public improvement refunding bonds; negotiated; UBS Financial Services Inc. of Puerto Rico (lead); proceeds to refund public improvement bonds.

• $700 million series 2008A

• $175 million series 2008B

• $185 million series 2008C

CULINARY INSTITUTE OF AMERICA/DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $57 million variable-rate bonds.

DELNOR-COMMUNITY HOSPITAL/ILLINOIS HEALTH FACILITIES AUTHORITY: $59 million series 2008 bonds; proceeds to refinance a portion of line of credit that was used to redeem the series 2006 bonds in April and pay or reimburse the hospital for the costs of acquiring and renovating health care facilities; pricing in May or June.

DEPAUL UNIVERSITY/ILLINOIS FINANCE AUTHORITY: $500 million bonds

DETROIT EDISON CO./MICHIGAN STRATEGIC FUND: $68.5 million series 2008DT variable-rate limited obligation refunding revenue bonds; negotiated; KeyBanc Capital Markets; due Dec. 1, 2036.

EASTERN MICHIGAN UNIVERSITY: $125.795 million series 2008 general revenue variable-rate demand refunding bonds (Aaa/AAA/); negotiated; Piper Jaffray; due June 1, 2036; proceeds to pay the costs of refunding outstanding obligations of the university's board of regents.

ELMHURST MEMORIAL HEALTHCARE/ILLINOIS FINANCE AUTHORITY: $362.62 million revenue and variable-rate bonds; negotiated; Citigroup Global Markets (lead); proceeds to refund $47 million from series 2006 revenue bonds and pay for a portion of the costs of acquiring and equipping health facilities.

• $112.615 million series 2008A revenue bonds

• 100 million series 2008B variable-rate demand revenue bonds

• $75 million series 2008C variable-rate demand revenue bonds

• $50 million series 2008D variable-rate demand revenue bonds

• $25 million series 2008E variable-rate demand revenue bonds

FAIRFIELD, CONN.: $51.115 million 2008 refunding bonds; negotiated; William Blair (lead); serial structure from 2010 to 2023; proceeds refund city's 2003A and 2003B bonds.

FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION: $278 million series 2008A Florida forever revenue bonds; competitive; 18-hour notice.

FLORIDA: $150 million series 2008A Department of Environmental Protection Florida Forever revenue bonds; competitive; 18-hour notice.

GEORGIA TECH FACILITIES/DEVELOPMENT AUTHORITY OF FULTON COUNTY: $66.655 million refunding revenue bonds; negotiated; UBS Investment Bank; weekly interest rate; proceeds to refund the authority's and Georgia Tech Facility's series 2005A bonds.

• $32.895 million series 2008A bonds due May 1, 2037

• $33.76 million series 2008B bonds due June 1, 2032

GREENWICH HOSPITAL/CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY: $53.93 million series C bonds; negotiated; UBS Investment Bank; proceeds to refund the hospital's series 2006B bonds.

HARRIS COUNTY HEALTH FACILITIES DEVELOPMENT CORP. (TEXAS): $230.06 million series 2008 thermal utility revenue bonds (Aa3/AA-/); negotiated; RBC Capital Markets (lead); J.P. Morgan Securities Inc., Siebert Brandford Shank & co. and Merrill Lynch & Co.; proceeds will be loaned to the Texas Medical Center Central Heating and Cooling Services Corp. to construct first-phase projects for the corporation and fund capitalized interest.

HEALTH AND EDUCATIONAL FACILITES BOARD OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY/VANDERBILT UNIVERSITY (TENNESSEE): $353.31 million series 2008A, 2008B and 2008C revenue refunding bonds (Aa2/AA/AA); negotiated; Merrill Lynch & Co. (lead); Goldman, Sachs & Co. and J.P. Morgan Securities Inc. (co-managers); proceeds to retire commercial paper and refund series 1997A and series 1998A revenue refunding bonds.

HOAG MEMORIAL HOSPITAL PRESBYTERIAN (CALIFORNIA): $452.08 million series 2008 refunding revenue bonds (Aa3/AA/); negotiated; Citigroup Global Markets (lead); bonds due Dec. 1, 2040; interest rate resets weekly; proceeds refund outstanding series 2005 and 2007 revenue bonds.

• $66.8 million series 2008A

• $65.185 million series 2008B

• $70.095 million series 2008C

• $80 million series 2008D

• $80 million series 2008E

• $90 million series 2008F

HOUSTON COMMUNITY COLLEGE SYSTEM (TEXAS): $56.355 million series 2008 senior-lien student fee revenue bonds; negotiated; Siebert Brandford Shank & Co. (lead); maturities from 2009 through 2030; proceeds to acquire facilities currently leased by the system, pay for the construction and renovation of the Southeast Workforce Building, renovate other college facilities and provide funds sufficient to capitalize on one year's interest payment.

HOUSTON INDEPENDENT SCHOOL DISTRICT (Texas): $385.4 million series 2008 limited tax schoolhouse bonds; negotiated; Merrill Lynch & Co. (lead); serial maturities from 2012 through 2033; proceeds to construct, equip and acquire school buildings and sites.

HOWARD HUGHES MEDICAL INSTITUTE: $76.5 million series 2008B refunding bonds; negotiated; Lehman Brothers (lead); proceeds to refund existing debt on the headquarters from the institute's 1990 bonds.

ILLINOIS FINANCE AUTHORITY: $380 million series 2008 revenue bonds (/A-/AA-); negotiated; Goldman, Sachs & Co. and Morgan Stanley (lead); Loop Capital Markets and Cabrera Capital Markets; series 2008A bonds due 2033 and 2047; series 2008B bonds due 2015 to 2023 with term bonds due 2028 and 2039; proceeds to construct a new children's hospital, refund existing bonds and make deposit to a debt service reserve fund.

• $210 million series 2008A

• $170 million series 2008B

INDUSTRIAL DEVELOPMENT BOARD OF MOBILE (Ala.): $246.5 million pollution control revenue bonds (A2/A); remarketing; Morgan Keegan & Co. (lead); mature June 1, 2034; pricing mid-March.

• $86.5 million series 2007-A bonds

• $80 million series 2007-B bonds

• $80 million series 2007-C bonds

KENT HOSPITAL FINANCE AUTHORITY/SPECTRUM HEALTH (MICHIGAN): $227.32 million revenue refunding bonds (Aa3/AA/); negotiated; Citigroup Global Markets (lead); includes 2008A-1, 2008A-2, 2008A-3 and 2008A-4 bonds; proceeds to refund series 2001B and 2007 bonds.

LANCASTER PORT AUTHORITY (OHIO): $348.25 million gas supply variable-rate revenue bonds (Aaa/VMIG1); negotiated; RBC Capital Markets (lead); due 2038; proceeds to prepay a 30-year gas supply to the authority, make scheduled interest rate swap payments and make a deposit to a debt service reserve fund.

LOYOLA UNIVERSITY/ILLINOIS FINANCE AUTHORITY: $95 million bonds

MAINE STATE HOUSING AUTHORITY: $90.55 million variable-rate mortgage purchase bonds; negotiated; UBS Investment Bank and Bear, Stearns & Co. (lead); bonds bear interest at weekly rate with 12% maximum; 2008E-1 bonds due 2030 and 2032; 2008E-2 bonds due 2030 and 2037; proceeds to refund the authority's series 2003E-1 and series 2003E-2 bonds.

• $39.585 million series 2008E-1 bonds

• $50.965 million series 2008E-2 bonds

MAINE TURNPIKE AUTHORITY: $64.3 million refunding bonds; negotiated: UBS Investment Bank (lead); proceeds to refund and redeem the authority's $47.97 million series 1998 refunding revenue bonds and the $20.535 million series 1998 special obligation refunding bonds.

• $45.92 million series 2008 turnpike revenue refunding bonds

• $18.38 million series 2008 special obligation refunding bonds

MASSACHUSETTS DEVELOPMENT FINANCE AGENCY/BOSTON UNIVERSITY: $535.945 million variable-rate demand revenue bonds; negotiated: Lehman Brothers (lead) Goldman, Sachs & Co. (co-manager); proceeds to finance construction of a new dormitory, acquire property to house medical students, renovate the central heating and cooling plant, construct new buildings for the law school on the Charles River Campus and renovations to the College of Fine Arts building.

• $50 million series U1

• $50 million series U2

• $50 million series U3

• $50 million series U4

• $41.7 million series U5A

• $43.6 million series U5B

• $62.52 million series U6A

• $62.72 million series U6B

• $52.5 million series U6C

• $10.2 million series U6D

• $62.705 million series U6E

MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY: $141.235 million series M Boston College Issue revenue bonds (Aa3/AA-); negotiated; Lehman Brothers (lead); due from 2023 to 2028 with term bonds due 2030 and 2035; proceeds for renovations on campus, the construction of administrative building and construction of stairs at a campus building.

MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/DANA-FARBER CANCER INSTITUTE: $107.32 million series 2008K revenue bonds; negotiated; Goldman, Sachs & Co.; maturities from Dec. 1, 2008 through Dec. 1, 2024 and term bonds due in 2028 and 2038; proceeds to pay the principal and interest due on bridge financing used to refund series 2004H1 and H2 periodic auction reset bonds and pay termination fees on swap agreements for the series H bonds.

MESA UNIFIED SCHOOL DISTRICT NO. 4 (MARICOPA COUNTY, ARIZ.): $50 million school improvement bonds (Aa3/AA-/); negotiated; RBC Capital Markets (lead); series 2008C bonds due 2009 and 2013 through 2017; proceeds for school improvements and bus purchases.

MICHIGAN STRATEGIC FUND/VAN ANDEL RESEARCH INSTITUTE: $220 million series 2008 adjustable-rate demand limited obligation revenue and refunding revenue bonds (/AA+/AA); negotiated; Merrill Lynch; due April 1, 2043; initially bear interest at weekly rate; proceeds to finance land acquisition and construction of medical research and office facility, and refund series 2007 variable-rate demand limited obligation revenue bonds.

NEBRASKA INVESTMENT FINANCE AUTHORITY: $50 million single-family housing revenue bonds; negotiated; Lehman Brothers (lead); Amertias Investment Corp., Citigroup Global Markets and D.A. Davison & Co. (co-managers); 2008C bonds due 20328 and 2039, 2008D bonds due 2038 and 2008E bonds due 2017; proceeds to make a deposit to authority's mortgage loan account and pay for capitalized interest.

• $17.5 million series 2008C bonds

• $25 million series 2008D bonds

• $7.5 million series 2008E bonds

NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY: $63 million debt securities; negotiated; Siebert Brandford Shank (lead).

NEW JERSEY TURNPIKE AUTHORITY: $325 million series 2008 subordinated turnpike revenue notes (MIG1); competitive; proceeds replace $175 million in XL-insured series 2003D auction-rate bonds.

NEW MEXICO FINANCE AUTHORITY: $335.2 million adjustable-rate state transportation refunding revenue bonds (Aa1/AA-/); negotiated; Goldman, Sachs & Co. and UBS Investment Bank (lead); bonds bear interest at weekly rate with maximum rate of 12%; series 2008A-1 bonds due 2024, series 2008A-2 bonds due 2024, series 2008B-1 bonds due 2026 and series 2008B-2 bonds due 2026; proceeds refund series 2004C and 2006C bonds.

• $115.2 million series 2008A bonds ($35.2 million 2008A-1; $80 million 2008A-2)

• $220 million series 2008B ($100 million 2008B-1; $120 million 2008B-2)

NORFOLK (VIRGINIA): $130 million general obligation bonds; pricing early June.

NORTHEASTERN UNIVERSITY/MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY: $360.13 million revenue bonds; negotiated; Lehman Brothers; proceeds to refund series N, series 2005O and series 2007P auction rate bonds and pay costs of terminating swaps on series N and series 2005O bonds.

• $93.74 million series 2008R

• $56.385 million series 2008S

• $210 million series 2008T

PALM BEACH COUNTY SCHOOL BOARD: $112.7 million series 2007B certificates of participation; remarketing; Bear, Stearns & Co.; certificates issued in March 2007 to finance the acquisition and construction of facilities.

PENNSYLVANIA HOUSING FINANCE AGENCY: $150 million series 2008-102 single-family mortgage revenue bonds; negotiated; Merrill Lynch (lead); Banc of America Securities LLC, Mellon Financial Securities, Mesirow Financial and PNC Capital Markets (co-manager); 102A bonds due 2009 to 2018 with term bonds due 2023, 2028, 2033 and 2034; 102B bonds due 2011 to 2017; 102C bonds due 2038; proceeds to purchase new home mortgage loans and make deposit to capital reserve fund.

• $94.33 million series 2008-102A

• $16.67 million series 2008-102B

• $39 million series 2008-102C

PIEDMONT TRIAD AIRPORT AUTHORITY (NORTH CAROLINA): $98.115 million variable-rate airport revenue bonds and airport revenue refunding bonds; negotiated; Banc of America Securities LLC (lead); 2008A bonds reset at weekly rate and 2008B bonds bear interest at a long-term rate; 2008A bonds due 2032 and 2008B bonds due 2029; proceeds for capital improvements, runway developments and to repay variable-rate bonds issued in 2004.

PIMA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (ARIZONA)/TUCSON ELECTRIC POWER CO.: $125.074 million series 2008A variable-rate industrial development revenue bonds; negotiated; Morgan Stanley and J.P. Morgan Securities Inc. (lead); BNY Capital Markets and Wachovia Securities (co-managers); due 2029; proceeds to redeem the authority's 1997B and 1997C revenue bonds.

PROMEDICA HEALTH SYSTEM/LUCAS COUNTY (OHIO): $132 million series 2008 hospital revenue bonds and hospital revenue refunding bonds; negotiated; UBS Investment Bank (lead); series 2008A due Nov. 15, 2034; series 2008B bonds due Nov. 15, 2040; and 2008C bonds due Nov. 15, 2035; proceeds to refinance a portion of bank loan and make capital improvements to hospital facilities.

• $62.5 million series 2008A hospital revenue bonds

• $52.855 million series 2008B hospital revenue bonds

• $16.645 million series 2008C hospital revenue refunding bonds

RENTECH: $175 million tax-exempt GO ZONE bonds; proceeds for a planned synthetic fuels and chemicals facility near Natchez, Miss.; pricing authorization until 2010.

SAN FRANCISCO CITY AND COUNTY AIRPORT COMMISSION: $169.5 million 34A-C senior-lien variable-rate revenue refunding bond, $255 million 34D-E senior-lien fixed-rate revenue refunding bonds, $110 million 34F-G senior-lien variable-rate revenue refunding bonds (A); timing not set.

SCHOOL BOARD OF MIAMI-DADE COUNTY (FLORIDA): $537.575 million series 2008B certificates of participation (Aaa/AAA/); negotiated; Goldman, Sachs & Co. (lead); Citigroup Global Markets, Morgan Stanley, UBS Investment Bank, JPMorgan, M.R. Beal & Co., Ramirez & Co., Siebert Brandford Shank & Co. (co-managers); bonds due 2014 to 2028 with term bond due 2033; proceeds to finance or refinance construction and acquisition costs of capital projects.

SILVER CROSS HOSPITAL/ILLINOIS FINANCE AUTHORITY: $120 million bonds

SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY: $140.11 million Natural Gas Project A 2008 taxable revenue bonds for Anaheim, Burbank and Colton; proceeds to refinance each city's share of natural gas project acquisition and development costs through redemption of authority's draw-down revenue bonds issued as a short-term financing for the project;

• $80.36 million Natural Gas Project A 2008 taxable revenue bonds for City of Anaheim

• $43.275 million Natural Gas Project A 2008 taxable revenue bonds for City of Burbank

• $16.475 million Natural Gas Project A 2008 taxable revenue bonds for City of Colton

SOUTH CAROLINA PUBLIC SERVICE AUTHORITY (SANTEE COOPER): $93.155 million revenue obligation bonds; negotiated; Goldman, Sachs & Co. (lead), Citigroup Global Markets; Bear, Stearns & Co.; Merrill Lynch & Co.; and Morgan Stanley (co-managers); proceeds will be used to refund series 1997 A refunding bonds.

SOUTHEAST MISSOURI STATE UNIVERSITY: $56.64 million series 2008 system facilities revenue bonds (/AAA/); negotiated; Edward Jones; maturities from 2009 through 2028 and term bonds due 2022 and 2038; proceeds to refund the $8.655 million series 1998A bonds and $10.605 million series 1998B bonds and pay the costs for a student housing facility and other renovations at the university's Cape Girardeau, Mo., campus.

TAMPA BAY WATER: $103.67 million series 2008 utility system revenue bonds (Aa3/AA+/AA); negotiated; Raymond James (lead); proceeds to pay for a portion of project costs, which includes increasing the hydraulic capacity at pump stations, and fund a deposit to the reserve account to equal the requirement.

THE DOW CHEMICAL CO./BRAZOS HARBOR INDUSTRIAL DEVELOPMENT CORP. (Texas): $75 million series 2008 environmental facilities revenue bonds through Brazos Harbor Industrial Development Corp.; negotiated; Goldman, Sachs & Co.; due May 1, 2038; proceeds to pay equipment acquisition and construction costs at Dow Chemical's industrial sewage and solid waste disposal facilities in Brazoria County, Texas.

UNIVERSITY OF AKRON (OHIO): $130.855 million general receipts refunding bonds; negotiated; Morgan Stanley; due Jan. 1, 2029; proceeds to refund the university's series 2004 general receipts refunding bonds.

• $65.485 million series 2008C1

• $65.37 million series 2008C2

UNIVERSITY OF OKLAHOMA HEALTH SCIENCES CENTER: $75 million in tax-exempt and taxable bonds; proceeds for new cancer research center; pricing expected in April.

UNIVERSITY OF OKLAHOMA HEALTH SCIENCES CENTER: $100 million tax-exempt and taxable bonds; proceeds for new cancer research center; pricing expected in late spring or early summer.

UNIVERSITY OF NORTH CAROLINA AT WILMINGTON CORP.: $61.95 million series 2008 certificates of participation (/A-/); negotiated; Banc of America Securities LLC and BB&T Capital Markets (lead); bonds due 2010 to 2021 with term bonds due 2024, 2027, 2032 and 2038; proceeds to construct and equip suite-style student housing and purchase a debt service reserve surety bond in lieu of a debt service reserve fund; pricing in April.

UNO CHARTER SCHOOL NETWORK/ILLINOIS FINANCE AUTHORITY: $80 million bonds.

WASHINGTON HEALTH CARE FACILITIES AUTHORITY/CATHOLIC HEALTH INITIATIVES: $119.7 million series 2008A revenue bonds; negotiated; J.P. Morgan Securities Inc. (lead for 2008A-4 and 2008A-6); UBS Investment Bank (lead for 2008A-5); proceeds will refund series 2007A auction-rate bonds.

• $50 million series 2008A-4 bonds

• $50 million series 2008A-5 bonds

• $19.7 million series 2008A-6 bonds

WISCONSIN PUBLIC POWER INC.: $234.685 million series 2008A power supply system revenue bonds (A1/A+/A+); negotiated; J.P. Morgan Securities Inc. (lead); proceeds to refund a portion of the company's outstanding bonds, finance construction and improvements of the company's Boswell 4 generating unit, fund the debt reserve account for the series 2008A bonds and finance capitalized interest.

WYOMING COMMUNITY DEVELOPMENT AUTHORITY: $50 million housing revenue bonds; negotiated; Merrill Lynch & Co. (lead); proceeds to provide funds to purchase loans and to refund retiring bonds.

• $37 million series 2008-1 fixed-rate bonds

• $13 million series 2008-2 variable-rate bonds

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