Municipals Calendar: Chicago preps $804.285 million bond sale

WEEK OF NOVEMBER 1

ATLANTA: $590.245 million series 2010 airport revenue bonds (A2/A+/A+); negotiated; J.P. Morgan Securities LLC and Jackson Securities Inc. (lead); Bank of America Merrill Lynch, Grigsby & Associates Inc., Jefferies & Co., M.R. Beal & Co. Inc., Ramirez & Co. Inc. and Wells Fargo Securities LLC (co-managers); 2010A bonds due 2014 to 2030 with term bonds due 2035 and 2040; 2010B bonds due 2013 to 2026; proceeds to construct, acquire and equip the Maynard H. Jackson Jr. International Terminal at the Hartsfield-Jackson Atlanta International Airport; pricing week of Nov. 1.

• $176.61 million series 2010A general revenue bonds

• $413.635 million series 2010B airport passenger facility charge and subordinate lien general revenue bonds

CHICAGO: $804.285 million series 2010 general obligation bonds; Loop Capital Markets LLC and Wells Fargo Securities LLC (lead); Duncan-Williams Inc., Estrada Hinojosa & Co. Inc., Incapital LLC, Melvin & Co., Baird & Co. and Stifel, Nicolaus & Co. (co-managers); proceeds to finance public right-of-way improvements, economic development enhancement projects, transportation improvements and grants to nonprofit organizations; pricing week of Nov. 1.

• $123.155 million series 2010A G.O. refunding bonds

• $213.59 million series 2010B Build America Bonds

• $467.54 million series 2010C taxable project and refunding bonds

CHICAGO: $486.53 million series 2010 second-lien water revenue bonds; negotiated; Cabrera Capital Markets LLC and BMO Capital Markets (lead); Backstrom McCarley Berry & Co. LLC, Grisgby & Associates, North South Capital LLC and RBC Capital Markets Corp.; proceeds to finance capital improvements and extensions to city's water system, including maintenance of city's purification plants, upgrade of various pump stations, upgrade and replacement of meters and upgrade and replacement of old grid mains.

• $33.565 million series 2010A tax-exempt bonds

• $423.3 million series 2010B Build America Bonds

• $29.665 million series 2010C qualified energy conservation bonds

ILLINOIS FINANCE AUTHORITY/ADMIRAL AT THE LAKE: $204.1 million series 2010 revenue bonds; negotiated; Ziegler Capital Markets (lead); BB&T Capital Markets and RBC Capital Markets Corp. (co-managers); 2010B bonds due May 15, 2018; 2010C bonds due May 15, 2018; 2010D-1 bonds due May 15, 2018; 2010D-2 bonds due May 15, 2017; 2010D-3 bonds due May 15, 2017; 2010E bonds due May 15, 2016; proceeds to design, acquire, construct and equip new independent and assisted living facility for senior citizens at the site of the current Admiral at the Lake facility in Chicago; pricing week of Nov. 1.

• $125.6 million series 2010A

• $5.35 million series 2010B

• $5 million series 2010C accelerated redemption reset option securities

• $12.15 million series 2010D-1 tax-exempt mandatory paydown securities

• $18.15 million series 2010D-2 tax-exempt mandatory paydown securities

• $35.35 million series 2010D-3 tax-exempt mandatory paydown securities

• $2.5 million series 2010E taxable mandatory paydown securities

LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY: $740 million series 2010 Measure R senior sales tax revenue bonds (Aa2/AAA/); negotiated; Barclays Capital Inc., Citigroup Global Markets Inc. and Goldman, Sachs & Co. (lead); De La Rosa & Co., Siebert Brandford Shank & Co. LLC, Stone & Youngberg, Jefferies & Co., Loop Capital Markets LLC and Ramirez & Co. Inc. (co-managers); proceeds to finance capital transportation projects under the authority's long-range plan; pricing week of Nov. 1.

MAINE STATE HOUSING AUTHORITY: $51.68 million series mortgage purchase bonds; negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (lead); Bank of America Merrill Lynch, Morgan Stanley & Co. Inc. and RBC Capital Markets Corp. (co-managers); 2010B-1 bonds due 2013 to 2017; 2010B-2 bonds due 2025; 2010B-3 bonds due 2012 to 2021; proceeds to make mortgage loans; pricing week of Nov. 1.

• $8.75 million series 2010B-1 non-AMT bonds

• $9.495 million series 2010B-2 non-AMT bonds

• $33.435 million series 2010B-3 AMT bonds

RUTGERS, STATE UNIVERSITY OF NEW JERSEY: $508.435 million series 2010 general obligation bonds (Aa2/AA/); negotiated; Morgan Stanley & Co. Inc. and Bank of America Merrill Lynch (lead); Stifel, Nicolaus & Co. Inc. and Wells Fargo Securities LLC (co-managers); 2010H bonds due 2019 to 2022 with term bonds due 2025, 2030 and 2040; 2010I bonds due 2012 to 2025 with term bond due 2029; 2010J bonds due 2011 to 2012; proceeds to construct and equip improvements at the university's campuses in New Brunswick, N.J., Camden, N.J. and Newark, N.J.; pricing week of Nov. 1.

• $391.4 million series 2010H Build America Bonds

• $108.635 million series 2010I tax-exempt bonds

• $8.4 million series 2010J taxable bonds

NOVEMBER 1

WASHINGTON STATE: $51.255 million series 2010D certificates of participation (Aa2); competitive; SDM Advisors, Inc. (financial adviser); COPs due 2012 to 2031; proceeds to fund construction and acquisition of real and personal property for state and local agencies; pricing Nov. 1.

NOVEMBER 3

JERSEY CITY (NEW JERSEY): $84.431 million series 2010 general improvement bonds; competitive; NW Financial Group LLC (financial adviser); 2010A bonds due 2011; 2010B bonds due 2011 to 2040; 2010C bonds due 2021 to 2040; proceeds to finance capital improvement projects; pricing Nov. 3.

LOVE FIELD AIRPORT MODERNIZATION CORP. (TEXAS): $310 million series 2010 special facilities revenue bonds (Baa3/BBB/); negotiated; Goldman, Sachs & Co. (lead); Bank of America Merrill Lynch, Ramirez & Co. Inc., Citigroup Global Markets Inc., Comerica Securities Inc. and Wells Fargo Securities LLC (co-managers); bonds due Nov. 1, 2040; proceeds to construct and implement improvements to terminal, concourse and ancillary facilities at Love Field Airport in Dallas; pricing Nov. 3.

MASSACHUSETTS HOUSING FINANCE AGENCY: $212.18 million series 2010 housing bonds; negotiated; Barclays Capital Inc. and Bank of America Merrill Lynch (lead); Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., Cabrera Capital Markets LLC, Fidelity Capital Markets LLC, George K. Baum & Co. Inc., Jefferies & Co., J.P. Morgan Securities LLC, Piper Jaffray & Co., Raymond James & Associates Inc., Rice Financial Products Co., Siebert Brandford Shank & Co. LLC and Wells Fargo Bank, NA.; 2010C bonds due 2011 to 2020 with term bonds due 2025, 2030 and 2042; 2010D bonds due 2020, 2030 and 2042; 2010E bonds due 2011 to 2014 with term bonds due 2020, 2030, 2040 and 2053; proceeds to refund agency's series 2000A-B and 2001A-E rental housing mortgage revenue bonds; pricing Nov. 3.

• $130.99 million series 2010C AMT bonds

• $67.825 million series 2010D taxable bonds

• $13.365 million series 2010E non-AMT bonds

PIEDMONT MUNICIPAL POWER AGENCY (SOUTH CAROLINA): $121.11 million series 2010A electric revenue bonds; negotiated; Goldman, Sachs & Co. and Wells Fargo Securities LLC (lead); US Bancorp, TD Securities (USA) LLC, Barclays Capital Inc. and J.P. Morgan Securities LLC (co-managers); proceeds to refund agency's series 1986, 1991, 1991A and 1998 refunding bonds; pricing Nov. 3.

• $14.865 million series 2010A-1 taxable bonds

• $50.915 million series 2010A-2 refunding bonds

• $17.92 million series 2010A-3 refunding bonds

• $22.525 million series 2010A-4 refunding bonds

• $14.885 million series 2010A-5 refunding bonds

SPOKANE SCHOOL DISTRICT NO. 81 (WASHINGTON): $135.855 million series 2010 general obligation bonds (Aa1/AA/); competitive; Seattle-Northwest Corp. (financial adviser); 2010A bonds due 2011; 2010B bonds due 2011 to 2022; 2010C bonds due 2027 to 2029; proceeds to construct and improve district's school facilities; pricing No. 3.

• $10.5 million series 2010A tax-exempt G.O.s

• $85.855 million series 2010B tax-exempt G.O. refunding bonds

• $39.5 million series 2010C Build America Bonds

NOVEMBER 4

CARROLLTON-FARMERS BRANCH INDEPENDENT SCHOOL DISTRICT (TEXAS): $63.565 million series 2010 unlimited tax refunding bonds (Aaa/Aa1/AAA/AA/); competitive; First Southwest Co. (financial adviser); bonds due 2011 to 2020; proceeds to refund district's series 2000 and 2001 unlimited tax school building bonds; pricing Nov. 4.

NORTHEAST OHIO REGIONAL SEWER DISTRICT: $338.29 million series 2010 wastewater improvement revenue bonds (Aa1/AA/); negotiated; Barclays Capital Inc. and Siebert Brandford Shank & Co. LLC (lead); Blaylock Robert Van LLC, KeyBanc Capital Markets LLC and Stifel, Nicolaus & Co. Inc. (co-managers); bonds due 2030 and 2040; proceeds to construct, acquire and equip wastewater facilities or water management facilities; pricing Nov. 4.

OMAHA PUBLIC POWER DISTRICT (NEBRASKA): $245 million series 2010 electric system revenue bonds (Aa1/AA/); negotiated; Goldman, Sachs & Co. and Bank of America Merrill Lynch (lead); Ameritas Investment Corp., Citigroup Global Markets Inc., Edward D. Jones & Co. LP, J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc., RBC Capital Markets Corp. and Wells Fargo Securities LLC (co-managers); 2010A bonds due 2022 to 2041; 2010B bonds due 2011 to 2030; proceeds to finance capital improvements; pricing Nov. 4.

• $120 million series 2010A Build America Bonds

• $125 million series 2010B revenue bonds

PANHANDLE PLAINS HIGHER EDUCATION AUTHORITY (FLORIDA): $200 million series 2010-2 Libor floating-rate student loan revenue bonds (Aaa/AAA/AAA); negotiated; Bank of America Merrill Lynch (lead); bonds due Oct. 1, 2030; proceeds to refund debt; pricing Nov. 4.

TULSA (OKLAHOMA): $70 million series 2010 general obligation bonds (Aa1/AA/); competitive; bonds due 2012 to 2020; proceeds to finance street, fire, police, sanitary sewer and storm water improvements in the city; pricing Nov. 4.

ON THE HORIZON

ANDREWS COUNTY (TEXAS): $75 million series 2010 permanent improvement bonds (/A/AA-); negotiated; Wells Fargo Securities LLC (lead); Morgan Keegan & Co. Inc., RBC Capital Markets Corp., Southwest Securities Inc. and Edward Jones & Co. (co-managers); bonds due 2011 to 2040; proceeds to finance general county capital improvements, including improvements to roads and bridges.

ATLANTA AND FULTON COUNTY RECREATION AUTHORITY (GEORGIA): $140 million series 2010 taxable revenue refunding and improvement bonds (Aa3/AAA/); negotiated; Goldman, Sachs & Co. (lead); Jackson Securities Inc., Raymond James & Associates Inc., Rice Financial Products Co., Robert Baird & Co. and Sterne, Agee & Leach Inc. (co-managers); proceeds to fund improvements to the city's Philips Arena, as well as other recreational and cultural facilities and refund debt.

CHICAGO PARK DISTRICT: $150 million series 2010 general obligation unlimited tax bonds; negotiated; J.P. Morgan Securities LLC (lead); Cabrera Capital Markets LLC, Bank of America Merrill Lynch, Loop Capital Markets LLC, Grigsby & Associates Inc. and Podesta & Co. (co-managers); proceeds to construct, acquire and equip improvements to the city's harbor recreational facilities.

GREATER ORLANDO AVIATION AUTHORITY (FLORIDA): $90 million series 2010 airport facilities refunding revenue bonds (Aa3/A+/AA-); negotiated; Loop Capital Markets LLC (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (co-managers); 2010C bonds due 2019 to 2028; 2010D bonds due 2011 to 2018; proceeds to refund authority's series 1999A-B bonds.

• $75 million series 2010C AMT bonds

• $15 million series 2010D non-AMT bonds

HORRY COUNTY (SOUTH CAROLINA): $60.13 million series 2010 airport revenue bonds (A3/A-/); negotiated; Morgan Stanley & Co. Inc. (lead); Citigroup Global Markets Inc., Jefferies & Co. and Piper Jaffray & Co. (co-managers); proceeds to finance capital improvements to the county's airport terminals.

• $50.39 million series 2010A non-AMT bonds

• $9.74 million series 2010B taxable recovery zone economic development bonds

IMPERIAL IRRIGATION DISTRICT (CALIFORNIA): $250 million series 2010B Build America Bonds electric system revenue certificates of participation (A1/AA-/); negotiated; Citigroup Global Markets Inc. and Goldman, Sachs & Co. (lead); Barclays Capital Inc. and De La Rosa & Co. (co-managers); certificates due 2018 to 2040; proceeds to finance the El Centro Unit 3 Repower Project, which will provide an additional 100 megawatts of generation capacity to the El Centro Generating Station.

LONG BEACH (CALIFORNIA): $62.07 million series 2010 airport revenue bonds (A2//A-); Morgan Stanley & Co. Inc. and Siebert Brandford Shank & Co. LLC (lead); proceeds to construction passenger holdrooms, restrooms and concessions, as well as consolidate security areas to a single location and refund subordinate commercial paper notes.

• $49.98 million series 2010A private activity senior airport revenue bonds

• $12.09 million series 2010B government activity senior airport revenue bonds

MASSACHUSETTS DEVLEOPMENT FINANCE AUTHORITY/BOSTON COLLEGE: $195.325 million series R revenue bonds (Aa3/AA-/) negotiated; Barclays Capital Inc. (lead); proceeds to finance or refinance capital improvements to the Boston College campus, including construct and equipment of a new academic building, as well as refund existing debt.

MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY: $89.14 million series 2010 single-family homeownership revenue bonds (/AA/); negotiated; Barclays Capital Inc. and Morgan Stanley & Co. Inc. (lead); Bank of America Merrill Lynch and J.P. Morgan Securities LLC (co-managers); 2010A bonds due 2011 to 2020 with term bond due 2025 and 2026; 2010B bonds due 2014 to 2015; 2010C bonds due 2011 to 2020 with term bonds due 2025, 2029 and 2030; proceeds to make mortgage loans.

• $40 million series 2010A non-AMT bonds

• $3.71 million series 2010B non-AMT bonds

• $45.43 million series 2010C AMT bonds

MISSISSIPPI HOME CORP.: $50 million series 2010A non-AMT homeownership mortgage revenue bonds; negotiated; Morgan Stanley & Co. Inc. (lead); Bank of America Merrill Lynch, Morgan Keegan & Co. Inc. and Duncan-Williams Inc. (co-managers); bonds due 2012 to 2020 with term bonds due 2025 and 2031; proceeds to finance mortgage loans.

NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY/NEW JERSEY INSTITUTE OF TECHNOLOGY: $69.46 million series 2010 revenue bonds; negotiated; Morgan Stanley & Co. Inc. (lead); Fidelity Capital Markets LLC, Raymond James & Associates Inc. and Rice Financial Products Co. (co-managers); 2010H bonds due 2015 to 2025 with term bond due 2031; 2010I bonds due 2040; proceeds to finance capital projects at the New Jersey Institute of Technology and refund authority's series 2001G-H and 2004B bonds.

• $49.01 million series 2010H tax-exempt bonds

• $20.45 million series 2010I Build America Bonds

PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY (FLORIDA): $53.755 million series 2010 retirement communities revenue bonds (/BBB+/A-); negotiated; Ziegler Capital Markets Inc. (lead); proceeds to pay for or reimburse ACTS Retirement-Life Communities Inc. Obligated Group for capital expenditures connected to its continuing care facilities in Palm Beach and Indian River counties in Florida, as well as to make a deposit to a debt service reserve fund.

SEMINOLE TRIBE OF FLORIDA: $367.385 million series 2010 Florida Gaming Division bonds; negotiated; Bank of America Merrill Lynch (lead); bonds sold under Rule 144A in private offering; series 2010A and 2010B bonds due 2017; proceeds to finance capital expenditures at the tribe's gaming facilities, as well as other improvements and additions to the property.

• $37.385 million series 2010A tax-exempt bonds

• $330 million series 2010B taxable bonds

TAMPA BAY WATER (FLORIDA): $103.74 million series 2011 utility system refunding revenue bonds (Aa2/AA+/AA+); negotiated; Bank of America Merrill Lynch (lead); Citigroup Global Markets Inc. and Raymond James & Associates Inc. (co-managers); bonds due 2012 to 2021; proceeds to refund its series 2001A utility system refunding and improvement revenue bonds.

UNIVERSITY OF MICHIGAN: $220 million series 2010 general revenue bonds (Aaa); negotiated; Barclays Capital Inc. (lead); Bank of America Merrill Lynch and Morgan Stanley & Co. Inc. (co-managers); proceeds to replace C.S. Mott Children's and Women's Hospitals, expand the university hospital and health center's eye center, expand the university hospital and health center's data center, expand University Hospital's emergency department, renovate Couzens Hall and make other capital improvements to the university.

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