Municipals Calendar: Frederick County, Md., to price $188.73 million bonds

WEEK OF JANUARY 4

JANUARY 5

FREDERICK COUNTY (MARYLAND): $188.73 million series 2010 consolidated public improvement bonds (Aa2); competitive; Davenport & Co. LLC (financial adviser); 2010A bonds due 2011 to 2020; 2010B bonds due 2021 to 2030; 2010C bonds due 2016 to 2020; proceeds for capital improvements; pricing Jan. 5.

• $59.705 million series 2010A tax-exempt bonds

• $90.115 million series 2010B Build America Bonds

• $38.91 million series 2010C refunding bonds

JANUARY 6

CUYAHOGA COUNTY (OHIO)/METROHEALTH SYSTEMS: $75 million series 2010 hospital revenue bonds (A2/BBB+/); negotiated; Morgan Stanley & Co. Inc. and PNC Capital Markets LLC (lead); proceeds to purchase three new helicopters for the Metro Life Flight division, as well as to construct and acquire new facilities at Metrohealth facilities; pricing Jan. 6.

METROPOLITAN TRANSIT AUTHORITY (NEW YORK): $350 million series 2009B Build America Bonds (A2/A/A); negotiated; J.P. Morgan Securities Inc. (lead); bonds due 2039; proceeds to fund transit projects; pricing Jan. 6.

OHIO: $271.37 million series 2010 general obligation refunding bonds (/AA/AA); negotiated; Bank of America Merrill Lynch and J.P. Morgan Securities Inc. (lead); Barclays Capital Inc., Edward Jones & Co., Fifth Third Securities Inc., Huntington Investment Co., Jackson Securities LLC, Rice Financial Products Co. and Stifel, Nicolaus & Co. (co-managers); all bonds due 2013 to 2021; proceeds to refund existing debt used to fund higher education, common schools and infrastructure needs; pricing Jan. 6.

• $93.605 million series 2010A higher education G.O. refunding bonds

• $131.6 million series 2010A common schools G.O. refunding bonds

• $46.165 million series 2010A infrastructure G.O. refunding bonds

JANUARY 7

BOSTON WATER & SEWER COMMISSION: $100 million series 2010 general revenue refunding bonds (Aa2/AA+/AA); negotiated; Merrill Lynch & Co. (lead); proceeds to refund existing water and sewer bonds; pricing Jan. 7.

FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION: $251 million Florida Forever Bonds (A1/AA/A); negotiated; Merrill Lynch & Co. (lead); proceeds to fund environmental protection initiatives throughout Florida; pricing Jan. 7.

• $235 million Build America Bonds

• $16 million tax-exempt bonds

HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP. (TEXAS)/TEXAS CHILDREN'S HOSPITAL: $79.51 million series 2010 hospital revenue (Aa2/AA/AA); negotiated; J.P. Morgan Securities Inc. (lead); RBC Capital Markets Corp. and Edward Jones & Co. (co-managers); bonds due 2010 to 2020 with term bonds due 2025 and 2029; proceeds to refund existing debt; pricing Jan. 7.

ILLINOIS: $3.466 billion series 2010 taxable general obligation bonds (A2/A+/A); negotiated; J.P. Morgan Securities Inc. (lead); Goldman, Sachs & Co., Loop Capital Markets LLC, Mesirow Financial Inc., Stifel, Nicolaus & Co. Inc., Duncan-Williams Inc., Estrada Hinojosa & Co. Inc., M.R. Beal & Co., Podesta & Co. and Stern Brothers & Co. (co-managers); bonds due 2011 to 2015; proceeds to make contributions to the state's retirement fund, as well as to fund capital expenditures; pricing Jan. 7.

MARYLAND ECONOMIC DEVELOPMENT CORP.: $258.55 million series 2010 economic development revenue bonds; negotiated; Goldman, Sachs & Co. (lead); Citigroup Global Markets Inc. and BMO Markets Inc. (co-managers); proceeds to construct new cargo and machinery buildings as well as fund acquisition and installation of four cranes at Seagirt Terminal in Baltimore; pricing Jan. 7.

• $170 million series 2010A bonds

• $88.55 million series 2010B bonds

MEMPHIS-SHELBY COUNTY AIRPORT (TENNESSEE): $161.205 million series 2009 refunding revenue bonds (A2/A/A+); negotiated; Morgan Keegan & Co. Inc. (lead); proceeds to refund existing debt; pricing Jan. 7.

NEW JERSEY TRANSPORTATION TRUST AUTHORITY: $852.5 million series 2010 transportation system capital appreciation bonds (A1/AA/A+); negotiated; Barclays Capital Corp. (lead); proceeds to fund transportation infrastructure projects; pricing Jan. 7.

SEATTLE: $109.08 million series 2010A water system revenue taxable Build America Bonds (Aa2/AA+/); competitive; Seattle-Northwest Securities Corp. (financial adviser); bonds due 2019 to 2040; proceeds to fund improvements to city's water system and refund existing debt; pricing Jan. 7.

ON THE HORIZON

BEXAR COUNTY HEALTH FACILITIES DEVELOPMENT CORP. (TEXAS): $53 million series 2010 revenue bonds (/BBB/BBB); negotiated; Raymond James & Associates Inc. (lead); bonds due 2010 to 2020 with term bonds due 2030, 2040 and 2045; proceeds to construct independent living units, assisted living apartments and common areas for the foundation.

HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY OF THE STATE OF NEW JERSEY: $338 million series 2010-1 student loan revenue bonds (Aa2/AA/); negotiated; Merrill Lynch & Co. (lead); Citigroup Global Markets Inc., Goldman, Sachs & Co. and Morgan Stanley & Co. Inc. (co-managers); 2010-1A bonds due 2011 to 2018 and 2032 and 2037 with term bonds due 2022, 2025, 2028 and 2029; 2010-1B bonds due 2017 and 2019; proceeds to fund student loans and refund existing debt.

• $300 million series 2010-1A refunding bonds

• $38 million series 2010-1B revenue bonds

HURST-EULESS-BEDFORD INDEPENDENT SCHOOL DISTRICT (TEXAS): $101.215 million series 2010 unlimited tax refunding bonds (/AA+/AA); negotiated; Morgan Keegan & Co. Inc. (lead); BOSC Inc., RBC Capital Markets Corp. and Wells Fargo Securities Inc. (co-managers); bonds due 2021 to 2028; proceeds to refund district's series 1998 unlimited tax bonds.

INDIANA BOND BANK: $67.16 million series 2009 tax credit qualified school construction bonds (/AA+/); negotiated; City Securities Corp. and J.P. Morgan Securities Inc.; bonds due 2019 and 2025; proceeds to construct qualified schools throughout the state.

INDIANPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK: $112.275 million series 2009I-J and 2010A-D bond bank notes; negotiated; City Securities Corp. (lead); proceeds to fund general capital projects.

• $14.3 million series 2009I notes

• $10.7 million series 2009J notes

• $39.4 million series 2010A notes

• $34.875 million series 2010B notes

• $6.2 million series 2010C notes

• $6.8 million series 2010D notes

INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF KIRKWOOD (MISSOURI): $172.795 million series 2009 retirement community revenue bonds; negotiated; Ziegler Capital Markets Inc. (lead); proceeds to construct Aberdeen Heights Commons retirement community.

• $98.345 million series 2009A revenue bonds

• $8.075 million series 2009B accelerated redemption reset option securities

• $32.225 million series 2009C-1 tax-exempt mandatory paydown securities

• $33.8 million series 2009C-2 tax-exempt mandatory paydown securities

JEA (FLORIDA): $149.3 million series 2010 water and sewer system revenue bonds; negotiated; Barclays Capital Inc. (lead); Citigroup Global Markets Inc., J.P. Morgan Securities Inc., Goldman, Sachs & Co., Merrill Lynch & Co., Morgan Stanley & Co. Inc. and Wells Fargo Securities Inc. (co-managers); 2010A bonds due 2033 and 2044; 2010B bonds due 2012 to 2025; 2010C bonds due 2010 to 2015 and 2020 to 2025 with term bond due 2040; proceeds to construct, acquire, extend and improve Jacksonville's water and sewer system.

RALEIGH, N.C.: $70.005 million series 2009A combined enterprise system revenue refunding bonds (Aa1/AAA/AAA); negotiated; Davenport & Co. LLC (lead); Citigroup Global Markets Inc. and Loop Capital Markets LLC (co-managers); bonds due 2010 to 2023; proceeds to refund existing debt.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5/OREGON HEALTH AND SCIENCE UNIVERSITY VACCINE AND GENE THERAPY INSTITUTE FLORIDA CORP.: $68.455 million series 2009 research facilities revenue bonds; negotiated; Prager, Sealy & Co., LLC; proceeds to finance or reimburse for the costs of building and land improvement projects.

TENNESSEE HOUSING DEVELOPMENT AGENCY: $400 million housing finance program bonds; negotiated and private placement; Morgan Keegan & Co., Inc. (lead); RBC Capital Markets Corp.; Merrill Lynch & Co.; Citigroup Global Markets Inc.; Raymond James & Associates, Inc.; M.R. Beal & Co.; and Duncan-Williams, Inc. (co-managers); proceeds will be used for fund deposits.

• $40 million series 2009A1 bonds

• $60 million series 2009A2 bonds

• $300 million series 2009B bonds

VERMONT EDUCATIONAL AND HEALTH BUILDING FINANCING AGENCY/MIDDLEBURY COLLEGE: $60 million series 2009 revenue refunding bonds; negotiated; Goldman, Sachs & Co.; bonds due 2038; proceeds refund existing Middlebury College debt.

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