Municipals Calendar: New York City preps $800 million bond sale

WEEK OF JUNE 7

CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY: $50 million series 2010A revenue bonds; negotiated; Goldman, Sachs & Co. (lead); bonds due June 1, 2040; proceeds to improve structures integral to the San Jose Water Co. water project, including the replacement of wells, storage tanks, reservoirs, the motor control center and pump stations, as well as the acquisition of equipment; pricing week of June 7.

LOS ANGELES COUNTY (CALIFORNIA): $1.5 billion series 2010-11A tax and revenue anticipation notes; negotiated; Citigroup Global Markets Inc. (lead); J.P. Morgan Securities Inc., Wells Fargo Securities LC, M.R. Bea & Co., Siebert Brandford Shank & Co. LLC and Southwest Securities Inc. (co-managers); notes due June 30, 2011; proceeds to fund capital expenditures, current expenses and the discharge of other obligations and debts during fiscal year 2010-2011; pricing week of June 7.

TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP. (TEXAS)/SCOTT & WHITE HEALTH CARE: $350 million series 2010 hospital revenue bonds (A1/A/AA-); negotiated; J.P. Morgan Securities Inc. (lead); Goldman, Sachs & Co. (co-manager); bonds due 2011 to 2025 with term bonds due 2030, 2035, 2040 and 2045; proceeds to pay costs associated with constructing, acquiring and equipping Scott & White facilities, including an acute-care hospital in College Station, Texas, a children's hospital in Temple, Texas, and a hospital in Round Rock, Texas, and refund existing debt; pricing week of June 7.

JUNE 9

AUSTIN (TEXAS): $220.02 million series 2010 electric utility system revenue refunding bonds (A1/A+/AA-); negotiated; Citigroup Global Markets Inc. (lead); Barclays Capital Inc.; Cabrera Capital Markets LLC; Morgan Keegan & Co. Inc.; Morgan Stanley & Co. Inc.; Rice Financial Products Co.; Siebert Brandford Shank & Co. LLC; and Southwest Securities Inc. (co-managers); proceeds to refund city's outstanding commercial paper notes, which were used to upgrade city's electric utility system; pricing June 9.

• $118.82 million series 2010A bonds

• $101.2 million series 2010B Build America Bonds

CITY AND COUNTY OF DENVER (COLORADO): $349.965 million series 2010 Better Denver Bonds (Aaa/AAA/AAA); competitive; Piper Jaffray & Co. (financial adviser); 2010A bonds due 2011 to 2016; 2010B bonds due 2017 to 2030; proceeds to fund infrastructure projects, including repairs and renovations to hospital facilities, improvements to city and county libraries, the restoration of roads and sidewalks, the refurbishment of parks and recreation facilities and maintenance for public buildings; pricing June 9.

• $37.91 million series 2010A tax-exempt general obligation Better Denver bonds

• $312.055 million series 2010B Better Denver Build America Bonds

CONNECTICUT: $600 million series 2010 general obligation bonds; negotiated; J.P. Morgan Securities Inc. (lead); Barclays Capital Inc.; Bank of America Merrill Lynch; Ramirez & Co. Inc.; Raymond James & Associates Inc.; Blaylock Robert Van LLC; Cabrera Capital Markets LLC; Estrada Hinojosa & Co. Inc.; Goldman, Sachs & Co.; Loop Capital Markets LLC; Melvin and Co. LLC; Morgan Keegan & Co. Inc.; Morgan Stanley & Co. Inc.; Rice Financial Products Co.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; Wells Fargo Bank, NA; and William Blair & Co. (co-managers); 2010B bonds due 2011 and 2014 to 2018; 2010C bonds due 2011 to 2023; proceeds to finance capital expenditures and refund existing debt; pricing June 9.

• $200 million series 2010B G.O. bonds

• $400 million series 2010C G.O. refunding bonds

NEW YORK CITY: $800 million series 2010H general obligation bonds (Aa2/AA/); negotiated; Morgan Stanley & Co. Inc. (lead); Bank of America Merrill Lynch; Citigroup Global Markets Inc.; J.P. Morgan Securities Inc.; Siebert Brandford Shank & Co. LLC; Barclays Capital Markets Inc.; M.R. Beal & Co. Inc.; Fidelity Capital Markets Services Inc.; Goldman, Sachs & Co.; Jefferies & Co.; Loop Capital Markets LLC; Ramirez & Co. Inc.; Rice Financial Products Co.; Roosevelt & Cross Inc.; Southwest Securities Inc.; Wells Fargo Bank, NA; Cabrera Capital Markets LLC; Lebenthal & Co. LLC; Raymond James & Associates Inc.; Jackson Securities Inc.; MFR Securities Inc.; RBC Capital Markets Corp.; Janney Montgomery Scott LLC; Morgan Keegan & Co. Inc.; and TD Securities (co-managers); proceeds for capital purposes; pricing June 9.

• $780 million series 2010H-1 Build America Bonds

• $20 million series 2010H-2 tax-exempt bonds

PALO ALTO (CALIFORNIA): $58.5 million series 2010A general obligation bonds (Aaa/AAA/); competitive; Stone & Youngberg LLC (financial adviser); bonds due 2011 to 2040; proceeds to replace the Mitchell Park Library, improve the Main Library and reconfigure the interior space of the Downtown Library; pricing June 9.

TOHOPEKALIGA WATER AUTHORITY (FLORIDA): $95 million series 2010A utility system revenue refunding bonds (Aa3/AAA/); negotiated; FirstSouthwest Co. (lead): proceeds to refund existing debt issued to improve and expand utility system; pricing June 9.

JUNE 10

COOK COUNTY (ILLINOIS): $1,054,475,000 series 2010 general obligation bonds; negotiated; Morgan Stanley & Co. Inc. (lead for 2010A-C bonds); Rice Financial Products Co., Cabrera Capital Markets LLC, Citigroup Global Markets Inc., J.P. Morgan Securities Inc. and William Blair & Co. Inc. (co-managers for 2010A-C bonds); Loop Capital Markets LLC (lead for 2010D-F bonds); Bank of America Merrill Lynch, Barclays Capital Inc., Ramirez & Co. Inc., Siebert Brandford Shank & Co. LLC and Stifel, Nicolaus & Co. Inc. (co-managers for 2010D-F bonds); proceeds to refund existing debt, fund a portion of county's pension plan, renovate John H. Stoger Jr. Hospital and other hospitals and clinics, construct and equip county's public safety facility, improve and renovate county building and administrative offices and purchase county equipment; pricing June 10.

• $400.28 million series 2010A G.O. refunding bonds

• $242.3 million series 2010B taxable G.O. refunding bonds

• $80 million series 2010C taxable G.O. bonds

• $331.895 million series 2010D-F bonds

DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $158.595 million series 2010-1 municipal health facilities improvement program lease revenue bonds; competitive; proceeds to refund outstanding bonds; pricing June 7.

HARRIS COUNTY (TEXAS): $260 million series 2010 refunding bonds; negotiated; Jefferies & Co. and Mesirow Financial Inc. (lead); Barclays Capital Inc.; Hutchinson, Shockey, Erley & Co.; J.P. Morgan Securities Inc.; Loop Capital Markets LLC; Piper Jaffray & Co.; and Siebert Brandford Shank & Co. LLC (co-managers); 2010A bonds due 2011 to 2028 with term bond; 2010B bonds due 2011 to 2028 with term bonds; proceeds to refund existing debt; pricing June 10.

• $100 million series 2010A unlimited tax road refunding bonds

• $160 million series 2010B permanent improvement refunding bonds

ILLINOIS STATE TOLL HIGHWAY AUTHORITY: $400 million series 2010A toll highway senior refunding revenue bonds; negotiated; Bank of America Merrill Lynch and Siebert Brandford Shank & Co. LLC (lead); Morgan Stanley & Co. Inc., William Blair & Co., Robert W. Baird & Co. Inc., Estrada Hinojosa & Co. Inc., George K. Baum & Co. Inc., KeyBanc Capital Markets Inc., Raymond James & Associates Inc. and Stifle, Nicolaus & Co. (co-managers); proceeds to refund existing debt; proceeds to refund debt; pricing June 10.

IOWA FINANCE AUTHORITY/GENESIS HEALTH SYSTEM: $95.5 million series 2010 health care revenue bonds (A1); negotiated; Piper Jaffray & Co. (lead); proceeds to reimburse health system for improvements to be completed in 2011, as well as refund system's series 1997 and 2000 bonds; pricing June 10.

LOUISIANA STATE UNIVERSITY AND AGRICULTURAL AND MECHANICAL COLLEGE: $121.61 million series 2010 auxiliary revenue and revenue refunding bonds (A1/AA-/); negotiated; Morgan Keegan & Co. Inc. (lead); J.P. Morgan Securities Inc. and RBC Capital Markets Corp. (co-managers); 2010A bonds due 2010 to 2023 with term bonds due 2025, 2030, 2035 and 2040; 2010B bonds due 2012 to 2023 with term bonds due 2025, 2030, 2035 and 2040; proceeds to refund board's series 2002 variable-rate bonds and construct, renovate, demolish and upgrade a variety of buildings at the university's Laville Honors College; pricing June 10.

• $89.485 million series 2010A auxiliary revenue and refunding bonds

• $32.125 million series 2010B Gulf Opportunity Zone auxiliary revenue bonds

PUBLIC HOSPITAL DISTRICT NO. 1 OF KING COUNTY/VALLEY MEDICAL CENTER (WASHINGTON): $86.655 million series 2010 hospital facilities revenue bonds (/BBB+/A-); negotiated; Bank of America Merrill Lynch and Morgan Stanley & Co. Inc. (lead); 2010A bonds due 2011 to 2020 with term bond due 2024; 2010B bonds due 2030 and 2040; proceeds to refund and defease medical center's series 1997 and 1998 bonds, as well as acquire hospital facilities; pricing June 10.

• $25.215 million series 2010A tax-exempt bonds

• $61.44 million series 2010B Build America Bonds

WEEK OF JUNE 14

JUNE 15

WISCONSIN: $800 million series 2010 operating notes; competitive; notes due June 15, 2011; proceeds to fund cash flow requirements for the 2010-11 fiscal year; pricing June 15.

JUNE 16

HOUSTON: $230 million series 2010 tax and revenue anticipation notes (/SP-1+/F1+); competitive; First Southwest Co. and TKG & Associates (financial advisers); notes due June 30, 2011; proceeds to fund general operating expenses ahead of the collection of taxes and revenues; pricing June 16.

ILLINOIS: $492 million series of June 2010 junior obligation sales tax revenue bonds (//AA+); negotiated; Cabrera Capital Markets LLC (lead); Bank of America Merrill Lynch; Jefferies & Co.; Stifel, Nicolaus & Co. Inc.; Duncan-Williams Inc.; M.R. Beal & Co. Inc.; Podesta & Co.; and Stern Brothers & Co. (co-managers); proceeds to construct, reconstruct, modernize and extension of various state infrastructure projects; develop and improve educational, scientific, technical and vocational programs and facilities, as well as expand health and human services; protect, preserve, restore and conserve the state's natural resources; and provide incentives for the expansion of businesses into the state; pricing June 16.

JUNE 17

ILLINOIS: $300 million series 2010-4 taxable general obligation Build America Bonds (A1); competitive; Acacia Financial Group Inc. (financial adviser); bonds due 2011 to 2035; proceeds to fund transportation projects and other capital projects; pricing June 17.

ON THE HORIZON

BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY: $205 million series 2010B general revenue tax-exempt bonds (Aa2/AA/); negotiated; Bank of America Merrill Lynch and J.P. Morgan Securities Inc. (lead); 2010A bonds are due 2044 to 2050; proceeds to construct, furnish and equip replacement for Morrill Hall; renovate, remodel and equip Brody, Bailey and Emmons halls; and upgrade the university's power plant.

CASTAIC LAKE WATER AGENCY (CALIFORNIA): $68.105 million series 2010A refunding revenue certificates of participation (/AA-/A+); negotiated; Stone & Youngberg (lead); proceeds to refund agency's series 2001A COPs.

CLEVELAND CITY SCHOOL DISTRICT (OHIO): $113.44 million series 2010 school improvement refunding bonds (Aa2/AA-/); negotiated; RBC Capital Markets Corp. (lead); Blaylock Robert Van LLC (co-managers); bonds due 2013 to 2030; proceeds to refund bond anticipation notes and refund series 2002 bonds.

LEE COUNTY (FLORIDA): $93.98 million series 2010A airport revenue refunding bonds (A2/A-/A); negotiated; Citigroup Global Markets Inc. and Raymond James & Associates Inc. (lead); bonds due 2011 to 2020 with term bond; proceeds to refund county's series 2000A airport revenue bonds.

LOS ANGELES UNIFIED SCHOOL DISTRICT: $540 million series 2010-11 tax and revenue anticipation notes; negotiated; Bank of America Merrill Lynch and Piper Jaffray & Co. (lead); Backstrom McCarley Berry & Co. LLC, De La Rosa & Co. and Stone & Youngberg (co-managers); notes due June 30, 2011; proceeds to finance capital requirements and the district's workers' compensation fund ahead of the collection of taxes and revenues.

MANSFIELD INDEPENDENT SCHOOL DISTRICT (TEXAS): $99.471 million series 2010 unlimited tax refunding bonds (Aa2/AA/AA+); negotiated; Morgan Keegan & Co. Inc. (lead); RBC Capital Markets Corp. and Southwest Securities Inc. (co-managers); proceeds to refund a portion of district's series 2002, 2003and 2004 bonds.

MASSACHUSETTS SCHOOL BUILDING AUTHORITY: $151 million series 2010A subordinated dedicated sales tax bonds; negotiated; Barclays Capital Inc. and Jefferies & Co. (lead); Citigroup Global Markets Inc., Goldman, Sachs & Co., Janney Montgomery Scott LLC, J.P. Morgan Securities Inc., Merrill Lynch & Co., Morgan Stanley & Co. Inc., Ramirez & Co. Inc. and Raymond James & Associates Inc.; bonds due 2010 to 2027; proceeds to fund grants to cities, towns and school districts for school construction and renovation projects.

MCLEAN COUNTY (NORTH DAKOTA): $83 million series 2010 solid waste facilities revenue bonds (A3/A-/A-); negotiated; Goldman, Sachs & Co. (lead); 2010B bonds due July 1, 2040; 2010C bonds due July 1, 2038; proceeds to fund capital expenditures at the Spiritwood Station solid waste facility.

• $50 million series 2010B non-AMT bonds

• $33 million series 2010C AMT bonds

MEDICAL CENTER EDUCATIONAL BUILDING CORP. (MISSISSIPPI): $50 million series 2010 revenue bonds (/AA-/); negotiated; Morgan Stanley & Co. Inc. (lead); 2010A bonds due 2030 and 2032; 2010B bonds due 2035; 2010C bonds due 2011 to 2025; proceeds to fund expansion and renovation of University of Mississippi Medical Center facilities.

• $19.325 million series 2010 Build America Bonds

• $20 million series 2010B economic recovery zone revenue bonds

• $10.675 million series 2010C revenue bonds

MODESTO IRRIGATION DISTRICT FINANCING AUTHORITY (CALIFORNIA): $99.455 million series 2010 revenue bonds (A2/A+/); negotiated; J.P. Morgan Securities Inc. (lead); Morgan Stanley & Co. Inc., Ramirez & Co. Inc., and Wells Fargo Securities LLC (co-managers); 2010A bonds due 2016 to 2025 with term bonds due 2030 and 2040; 2010B bonds due 2016 to 2025 with term bonds due 2030 and 2040; proceeds to acquire and construct a peaking plant, which will consist of six reciprocating engine generators, as well as finance the authority's share of the construction costs associated with the Lodi Energy Center.

NEW HANOVER COUNTY (NORTH CAROLINA): $82.46 million series 2010 general obligation public improvement bonds (Aaa/AA+/); negotiated; Stephens Inc. and Davenport & Co. LLC (lead); 2010A bonds due 2011 to 2030; 2010B bonds due 2022 to 2025 with term bond due 2030; proceeds to fund capital projects.

• $52.46 million series 2010A G.O. public improvement bonds

• $30 million series 2010B taxable G.O. public improvement bonds

NEW YORK MUNICIPAL BOND BANK AGENCY: $118.595 million series 2010 recovery act bonds; negotiated; Jefferies & Co. and Goldman, Sachs & Co. (lead); Bank of America Merrill Lynch, Loop Capital Markets LLC, Roosevelt & Cross Inc. and Siebert Brandford Shank & Co. LLC (co-managers); 2010A-1 bonds due 2011 to 2017; 2010A-2 bonds due 2018 to 2025 with term bond due 2035; 2010B-1 bonds due 2011 to 2020; 2010B-2 bonds due 2020 to 2025; proceeds to purchase local American Recovery and Reinvestment Act bond.

• $28.58 million series 2010A-1 tax-exempt bonds

• $37.545 million series 2010A-2 federally taxable bonds

• $27.81 million series 2010B-1 tax-exempt bonds

• $24.66 million series 2010B-2 federally taxable bonds

NORTH CAROLINA STATE UNIVERSITY AT RALEIGH: $77.505 million series 2010 general revenue bonds; negotiated; J.P. Morgan Securities Inc. (lead); Loop Capital Markets LLC and Morgan Keegan & Co. Inc. (co-managers); proceeds to finance acquisition, construction, improvement and equipment of athletic facilities, dining facilities, a student health center and a parking deck, as well as the expansion and improvement of the Terry Veterinary Hospital.

OHIO WATER DEVELOPMENT AUTHORITY: $80.305 million series 2010 drinking water assistance revenue and refunding bonds (Aaa/AAA/); negotiated; Goldman, Sachs & Co. (lead); Bank of America Merrill Lynch, Siebert Brandford Shank & Co. LLC and PNC Capital Markets LLC (co-managers); 2010A tax-exempt bonds due 2010 to 2013; 2010B Build America Bonds due 2022 to 2025 with term bond due 2030; 2010C bonds due 2014; 2010A state match bonds due 2010 to 2012; 2010B state match BABs due 2014 to 2021; proceeds to finance clean drinking water projects.

• $7.23 million series 2010A tax-exempt revenue bonds

• $44.48 million series 2010B Build America Bonds

• $2.9 million series 2010C tax-exempt refunding bonds

• $19.35 million series 2010A state match tax-exempt bonds

• $6.345million series 2010B state match Build America Bonds

ORANGE COUNTY (CALIFORNIA): $150 million series 2010-11A tax and revenue anticipation notes (MIG 1/SP-1+/F1+); negotiated; Citigroup Global Markets Inc. (lead); notes due March 15, 2011, May 15, 2011 and June 30, 2011; proceeds to fund capital needs for fiscal year ended June 30, 2011.

RIVERSIDE COUNTY (CALIFORNIA): $343 million series 2010-11 tax and revenue anticipation notes (MIG 1/SP-1+/); negotiated; De La Rosa & Co. (lead); J.P. Morgan Securities Inc. and Wedbush Securities Inc. (co-managers); 2011-11A notes due March 31, 2011; 2010-11B notes due June 30, 2011; proceeds to finance expenses for fiscal year ended June 30, 2011, including current expenses, capital projects and prepayment of pension plan contributions.

SAN ANTONIO (TEXAS): $241.26 million series 2010 general improvement bonds; negotiated; Citigroup Global Markets Inc. (lead); Loop Capital Markets LLC, J.P. Morgan Securities Inc., M.E. Allison & Co. Inc., Southwestern Capital Markets Inc. and Piper Jaffray & Co. (co-managers); 2010B bonds due 2011 to 2030; 2010 certificates of obligation due 2019 to 2040; proceeds to finance improvements to streets, bridges, sidewalks, drainage systems, parks and recreation facilities, open space and athletics facilities and public health facilities.

• $201.9 million series 2010B Build America Bonds

• $39.36 million series 2010 combination tax and revenue certificates of obligation

SAN BERNARDINO COUNTY (CALIFORNIA): $165 million series 2010-11A tax and revenue anticipation notes; negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. (lead); notes due June 30, 2011; proceeds to fund capital projects ahead of the collection of certain taxes and revenues.

TURNPIKE AUTHORITY OF KENTUCKY: $334.205 million series 2010 economic development road revenue and revenue refunding bonds; negotiated; Goldman, Sachs & Co. (lead); Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., J.J.B. Hilliard, W.L. Lyons LLC, Morgan Keegan & Co. Inc., PNC Capital Markets LLC, Edward D. Jones & Co. LP, First Kentucky Securities Corp., Stifel, Nicolaus & Co. Inc., Ross, Sinclaire & Associates LLC, Bank of America Merrill Lynch and Sterne, Agee & Leach Inc.; 2010A bonds due 2013 to 2020; 2010B bonds due 2021 to 2025 with term bond due 2030; proceeds to fund authority's six-year highway revitalization plan and refund existing debt.

• $148.64 million series 2010A revenue and revenue refunding bonds

• $185.565 million series 2010B Build America Bonds

WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/MINISTRY HEALTH: $60 million series 2010B revenue bonds (/A+/); negotiated; Bank of America Merrill Lynch (lead); proceeds to construct, acquire and equip facilities operated by Ministry Health.

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