Municipals Calendar: JEA, Fla., to bring $149.3 million in water and sewer bonds

WEEK OF JANUARY 11

CHICAGO: $773 million series 2009 taxable project general obligation bonds; negotiated; Siebert Brandford Shank & Co. LLC (lead); Cabrera Capital Markets LLC, Estrada Hinojosa & Co. Inc., Grigsby & Associates Inc. and Loop Capital Markets LLC; proceeds will be used to finance public right-of-way infrastructure improvements, finance infrastructure improvements to encourage economic development, conduct transportation improvements and make grants to educational and non-profit organizations, as well as refund existing debt; pricing week of Jan. 11.

• $420 million series 2009A refunding bonds

• $110 million series 2009B refunding bonds

• $110 million series 2009C Build America Bonds

• $133 million series 2009D recovery zone economic development 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; pricing week of Jan. 11.

INDIANA FINANCE AUTHORITY: $359.09 million series 2010A state revolving fund program refunding bonds (Aaa/AAA/AAA); negotiated; Bank of America Merrill Lynch and Citigroup Global Markets Inc. (lead); Piper Jaffray & Co., Morgan Keegan & Co. Inc., City Securities Corp. and Andes Capital Group LLC (co-managers); bonds due 2011 to 2024; proceeds to refund debt.

JANUARY 14

ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS (CALIFORNIA): $54.31 million series 2010 insured revenue bonds (/A/BBB+); negotiated; Cain Brothers Inc. (lead); bonds due 2010 to 2037; proceeds to refund corporation's series 2007 bonds and terminate a swap agreement related to those bonds; pricing Jan. 14.

JEA (FLORIDA): $149.3 million series 2010 water and sewer system revenue bonds; negotiated; Barclays Capital Inc. (lead); (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; pricing Jan. 14.

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.

ESCAMBIA COUNTY HEALTH FACILITIES AUTHORITY/BAPTIST HOSPITAL INC. (FLORIDA): $147.71 million series 2010A health care facilities revenue bonds (Baa1//BBB+); negotiated; Bank of America Merrill Lynch (lead); Citigroup Global Markets Inc. and Morgan Keegan & Co. Inc. (co-managers); proceeds to refund series 1998 and 2003 bonds, as well as finance equipment and renovation of Baptist Hospitals in Pensacola, Fla., and Gulf Breeze, Fla.

FRESNO (CALIFORNIA); $159.965 million series 2010 water system revenue bonds (/A/A+); negotiated; De La Rosa & Co. and Bank of America Merrill Lynch (lead); proceeds to fund improvements to city's water system.

• $55.49 million series 2010A-1

• $104.475 million series 2010A-2 Build America Bonds

HARBOR POINT INFRASTRUCTURE IMPROVEMENT DISTRICT (CONNECTICUT): $145 million series 2010 special obligation revenue bonds; negotiated; Stone & Youngberg (lead); proceeds to fund construction of the Harbor Point retail and office project in Stamford, Conn.

• $64.5 million series 2010A tax-exempt bonds

• $64.5 million series 2010B Build America Bonds

• $16 million series 2010C recovery zone economic development bonds

HIGHER EDUCATION LOAN AUTHORITY OF THE STATE OF MISSOURI: $1,078,423,000 series 2010-1 student loan asset-backed Libor floating-rate notes (/AAA/AAA); negotiated; Bank of America Merrill Lynch and Morgan Stanley & Co. Inc. (lead); proceeds to fund student loans throughout the state.

HOLLYWOOD, FLA.: $52.035 million series 2010 water and sewer improvement revenue bonds (A1//A-); negotiated; Bank of America Merrill Lynch (lead); RBC Capital Markets Corp. (co-manager); proceeds to fund improvements to city's water and sewer system.

• $21.715 million series 2010A revenue bonds

• $30.32 million series 2010B Build America 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

INFIRMARY HEALTH SYSTEM SPECIAL CARE FACILITIES FINANCING AUTHORITY OF MOBILE (ALABAMA): $68.435 million series 2010-A revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); Merchant Capital LLC (co-manager); proceeds to refund existing debt.

LOS ANGELES UNIFIED SCHOOL DISTRICT: $71.27 million series 2010A certificates of participation (A2/A+/); negotiated; Piper Jaffray & Co. and Bank of America Merrill Lynch (lead); proceeds to refinance district's series 1997 and 1998 certificates and fund a debt service reserve fund.

LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT FOUNDATION: $344.15 million series 2010 hospital revenue bonds (A3/BBB+/); negotiated; Bank of America Merrill Lynch (lead); Morgan Keegan & Co. Inc. (co-manager); 2010A bonds due 2018 to 2020 with term bonds due 2025, 2030, 2040 and 2044; 2010B bonds due 2018 to 2020 with term bonds due 2025, 2030, 2040 and 2044; proceeds to fund construction of five-story replacement hospital for Woman's Hospital in Baton Rouge.

• $244.15 million series 2010A

• $100 million series 2010B gulf opportunity zone project revenue bonds

NORTHERN CALIFORNIA POWER AGENCY: $57.735 million series 2010A capital facilities revenue refunding bonds (A3/A-/); negotiated; Barclays Capital Corp. (lead); bonds due 2010 to 2025; proceeds to refund agency's series 1999 bonds.

NORTHERN CALIFORNIA POWER AGENCY: $78.015million series 2010A-B Hydroelectric Project Number One revenue refunding bonds (A2/A/A); negotiated; Morgan Stanley & Co. Inc. (lead); proceeds to refund the agency's series 1998 bonds.

• $73.815 million series 2010A refunding bonds

• $4.2 million series 2010B taxable refunding bonds

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.

TARRANT COUNTY HEALTH FACILITIES DEVELOPMENT CORP. (TEXAS)/COOK CHILDREN'S MEDICAL CENTER: $98.96 million series 2010A hospital revenue bonds (Aa3/AA-/); negotiated; J.P. Morgan Securities Inc. (lead); Goldman, Sachs & Co. and Bank of America Merrill Lynch (co-managers); proceeds to develop, construct and acquire a new patient tower at Cook Children's Medical Center in Fort Wort.

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

VIRGINIA SMALL BUSINESS FINANCING AUTHORITY/SENTARA HEALTHCARE: $300 million series 2010 health care facilities revenue and refunding bonds; negotiated; Citigroup Global Markets Inc. (lead); BB&T Capital Markets; Bank of America Merrill Lynch; Morgan Keegan & Co. Inc.; Morgan Stanley & Co. Inc.; Goldman, Sachs & Co.; and Edward Jones & Co. (co-managers); proceeds to finance or refinance the construction, development, acquisition and equipment of the Princess Anne Hospital, which will be located in Virginia Beach, Va., as well as the construction of a three-story addition to the Sentara Obici Hospital in Suffolk, Va. The rest will be used to acquire the assets of Potomac Hospital Corp. in Prince William, Va.

WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/AURORA HEALTH CARE INC.: $229.9 million series 2010A revenue bonds (//A); negotiated; Bank of America Merrill Lynch and Goldman, Sachs & Co. (lead); Edward Jones & Co. and Ziegler Capital Markets Inc. (co-managers); proceeds to reimburse Aurora Health for costs associated with construction, improvement, equipment and acquisition of health care facilities.

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