Municipals Calendar: Utah to bring to market $1.06 billion in bonds

WEEK OF SEPTEMBER 20

TENNESSEE HOUSING DEVELOPMENT AGENCY: $120.7 million series 2010 homeownership program bonds (Aa1/AA+/); negotiated; Bank of America Merrill Lynch (lead); RBC Capital Markets Corp., Morgan Keegan & Co. Inc., Citigroup Global Markets Inc., Raymond James & Associates Inc., M.R. Beal & Co. Inc. and Wiley Bros. (co-managers); 2010-1A bonds due 2014 to 2022 with term bond due July 1, 2025; 2010-1B bonds due 2011 to 2017; 2010-1C bonds due 2011 to 2021 with term bonds due Jan. 1, 2025, and July 1, 2025; proceeds to finance mortgage loans; pricing week of Sept. 20.

• $25 million series 2010-1A non-AMT bonds

• $6.475 million series 2010-1B non-AMT bonds

• $89.225 million series 2010-1C AMT bonds

UNIVERSITY OF WASHINGTON: $163.915 million series 2010 general revenue bonds (Aaa/AA+/); negotiated; Barclays Capital Inc. (lead); Bank of America Merrill Lynch and J.P. Morgan Securities Inc. (co-managers); 2010A bonds due 2011 to 2031; 2010B bonds due 2019 to 2040; proceeds to repay commercial paper notes issued to finance or refinance capital improvements to university facilities. The renovations included improvements to the university's Health Sciences building, the development of the Foster School of Business, the development of the WDS Foundation Building for Early Childhood Oral Health, the expansion of the University Medical Center, the implementation of a housing and food services master plan, the reconstruction of Balmer Hall and the design and reconstruction of facilities at the University of Washington - Tacoma; pricing week of Sept. 20.

SEPTEMBER 23

UTAH: $1,059,960,000 series 2010 general obligation bonds (Aaa/AAA/AAA); negotiated; Goldman, Sachs & Co. and J.P. Morgan Securities Inc. (joint bookrunners); Jefferies & Co., Morgan Stanley & Co. Inc., Wells Fargo Securities LLC, George K. Baum & Co. and Seattle-Northwest Securities Corp. (co-managers); proceeds to fund ongoing highway construction projects and refund debt; pricing Sept. 23.

• $90.335 million series 2010A G.O.s

• $790.1 million series 2010B Build America Bonds

• $179.525 million series 2010C G.O. refunding bonds

WEEK OF SEPTEMBER 27

DALLAS AREA RAPID TRANSIT: $829 million senior-lien sales tax revenue bonds (Aa2/AA+/); negotiated; Bank of America Merrill Lynch (lead); Loop Capital Markets LLC, M.R. Beal & Co. Inc., Siebert Brandford Shank & Co. LLC, RBC Capital Markets Corp. and Southwest Securities Inc. (co-managers); proceeds to finance improvements to commuter projects and other infrastructure projects in the city; pricing week of Sept. 27.

SEPTEMBER 28

MARIN COUNTY (CALIFORNIA): $63.8 million series 2010 certificates of participation (Aa2/AA+/); competitive; Wulff Hansen & Co. (financial adviser); COPs due 2011 to 2040; proceeds to modernize and renovate 43 county-owned buildings, including the Marin County Civic Center, as well as upgrade the county's fire department and construct a new emergency operations facilities; pricing Sept. 28.

NEW YORK STATE URBAN DEVELOPMENT CORP.: $470.74 million series 2010B service contract revenue refunding bonds; competitive; Public Resources Advisory Group (financial adviser); bonds due 2012 to 2017; proceeds to refund existing debt; pricing Sept. 28.

NORTH CAROLINA: $320.17 million series 2010C general obligation refunding bonds; competitive; Davenport & Co. LLC (financial adviser); bonds due 2018 to 2022; proceeds to refund all or a portion of state's series 2003 G.O. highway bonds, series 2004 G.O. highway bonds and series 2005A public improvement bonds; pricing Sept. 28.

PALM BEACH COUNTY SCHOOL DISTRICT (FLORIDA): $115 million series 2010 tax anticipation notes (MIG 1); competitive; Public financial Management Inc. (financial adviser); notes due Jan. 14, 2011; proceeds to fund operating and capital expenses ahead of the collection of ad valorem taxes during the fiscal year; pricing Sept. 28.

WEEK OF OCTOBER 25

OCTOBER 26

MCCRACKEN COUNTY/SCHOOL DISTRICT FINANCE CORP. (KENTUCKY): $55 million school building revenue bonds; competitive; J.J.B. Hilliard, W.L. Lyons, LLC (financial adviser); pricing Oct. 26.

ON THE HORIZON

HARRIS COUNTY (TEXAS): $140 million toll road revenue refunding bonds; negotiated; Rice Financial Products Co. and Estrada Hinojosa & Co., Inc. (co-lead); Fidelity Capital Markets Inc. (co-manager); proceeds to refund and defease a portion of outstanding toll road tax bonds and toll road senior lien revenue bonds.

• $40 million series 2010B unlimited tax and subordinate lien bonds

• $20 million series 2010C senior lien bonds

• $80 million in series 2010D senior lien 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.

• $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

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.

INDIANA MUNICIPAL POWER AGENCY: $145 million series 2010 power supply system revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); BMO Capital Markets Inc., Morgan Stanley & Co. Inc., J.P. Morgan Securities Inc. and Wells Fargo Securities LLC (co-managers); proceeds to construct the Prairie State coal-fired generating station, as well as refund existing debt.

• $123 million series 2010A Build America Bonds

• $22 million series 2010B tax-exempt refunding revenue bonds

LEE COUNTY (FLORIDA): $80.048 million series 2011 tourist development tax revenue bonds (Aa3//AA-); negotiated; Bank of America Merrill Lynch (lead); Citigroup Global Markets Inc. and Morgan Keegan & Co. Inc. (co-managers); proceeds to acquire and construct a major league baseball spring training facility for the Boston Red Sox on 126 acres owned by the county.

• $36.325 million series 2010A Build America Bonds

• $37.403 million series 2010B recovery zone economic development Build America Bonds

• $6.32 million series 2010C bonds

LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY: $60 million City of Bossier City Public Improvement Projects revenue bonds (Aa3/AAA/); negotiated; Stephens Inc. (lead); Mesirow Financial Inc. and Crews & Associates (co-managers); proceeds to acquire, construct and expand the City of Bossier City, La.'s sewer utility system, as well as expand, repair and renovate other public improvement projects within the city.

MINNEAPOLIS-ST. PAUL METROPOLITAN AIRPORTS COMMISSION (MINNESOTA): $93.69 million series 2010 subordinate airport revenue refunding bonds (/A/A); negotiated; Piper Jaffray & Co. and J.P. Morgan Securities Inc. (lead); Barclays Capital Inc., Citigroup Global Markets Inc., RBC Capital Markets Corp. and Wells Fargo Securities Inc. (co-managers); proceeds to refund commission's senior series 2001B and subordinate series 2001D bonds.

• $21.88 million series 2010C non-AMT bonds

• $71.81 million series 2010D AMT bonds

MISSISSIPPI BUSINESS FINANCE CORP.: $100 million series 2010 Gulf Opportunity Zone industrial development bonds (Aaa/VMIG 1); negotiated; SunTrust Robinson Humphrey and Natixis Securities North America Inc. (lead); bonds due Aug. 1, 2035; proceeds to construct, install and equip the Southern Pines Energy Center, a 40 billion cubic-foot natural gas storage facility in Green County, Miss.

NORTH CAROLINA MEDICAL CARE COMMISSION/REX HEALTH CARE: $123.125 million series 2010A health care facilities revenue and revenue refunding bonds (A1/A+/A+); negotiated; Bank of America Merrill Lynch (lead); BB&T Capital Markets and Wells Fargo Securities LLC (co-managers); bonds due 2011 to 2025 with term bond due July 1, 2030; proceeds to reimburse health care system for costs associated with construction, renovation and equipment of Rex Health facilities, as well as refund existing debt.

OHIO: $581.69 million series 2010 general obligation refunding bonds (Aa1/AA+/AA+); negotiated; J.P. Morgan Securities Inc. and KeyBanc Capital Markets Inc. (lead); Fidelity Captial Markets LLC, Fifth Third Securities Inc., The Huntington Investment Co., Morgan Stanley & Co. Inc., RBC Capital Markets Corp., Ramirez & Co. Inc., Robert W. Baird & Co., Ross, Sinclaire & Associates LLC, Stifel, Nicolaus & Co. and Wells Fargo Securities LLC (co-managers); 2010A bonds due 2014 to 2019; 2010C higher education bonds due 2015 to 2022; 2010C common schools bonds due 2015 to 2022; 2010D bonds due 2013 to 2022; proceeds to refund existing debt originally issued to finance various capital improvement projects.

• $26.63 million series 2010A conservation projects G.O. refunding bonds

• $178.035 million series 2010C higher education G.O. refunding bonds

• $330.32 million series 2010C common schools G.O. refunding bonds

• $46.705 million series 2010D infrastructure improvement G.O. refunding bonds

PENNSYLVANIA HOUSING FINANCE AGENCY: $354 million series 2010 single-family mortgage revenue bonds; negotiated; Morgan Stanley & Co. Inc. and Janney Montgomery Scott LLC (lead for 2010-109 bonds); George K. Baum & Co.; Goldman, Sachs & Co.; J.P. Morgan Securities Inc.; and Mesirow Financial Inc. (co-managers for 2010-109 bonds); Barclays Capital Inc. and Bank of America Merrill Lynch (lead for 2010-110 bonds); BNY Mellon Capital Markets; Jefferies & Co.; Morgan Keegan & Co. Inc.; PNC Capital Markets LLC; Quoin Capital LLC; RBC Capital Markets Corp.; and Wells Fargo Securities Inc. (co-managers for 2010-110 bonds); series 2010-109 bonds due 2011 to 2021 with term bonds due 2025 and 2028; 2010-110A bonds due 2014 to 2021 with term bond due 2025; 2010-110B bonds due 2011 to 2021 with term bonds due 2025, 2030, 2035 and 2039; proceeds to finance single-family mortgages.

• $104 million series 2010-109 AMT bonds

• $116.455 million series 2010-110A AMT bonds

• $133.545 million series 2010-110B non-AMT bonds

PRINCETON CITY SCHOOL DISTRICT (OHIO): $108,739,914 series 2010 school improvement general obligation bonds (/AA+/); negotiated; Baird & Co. (lead); 2010B bonds due 2012 to 2022; 2010C bonds due 2022 to 2024 with term bonds due 2030, 2035, 2040 and 2047; proceeds to improve and construct school facilities.

• $2,999,914 series 2010B tax-exempt bonds

• $105.74 million series 2010C Build America Bonds

PUERTO RICO ELECTRIC POWER AUTHORITY: $200 million series DDD power revenue refunding bonds (A3/BBB+/BBB+); negotiated; J.P. Morgan Securities Inc. and Barclays Capital Inc. (lead), Citigroup Global Markets Inc., Bank of America Merrill Lynch, Goldman, Sachs & Co., Jefferies & Co., Morgan Stanley & Co. Inc., Ramirez & Co. Inc., Raymond James & Associates Inc., RBC Capital Markets Corp., UBS Financial Services Inc. of Puerto Rico, BBVAPR MSD, FirstBank Puerto Rico Securities, Oriental Financial Securities, Popular Securities and Santander Securities (co-managers); proceeds to refund existing debt.

ST. CLOUD (FLORIDA): $53.255 million series 2010 capital improvement revenue bonds (A2/A+/); negotiated; RBC Capital Markets Corp. (lead); Citigroup Global Markets Inc. and Loop Capital Markets LLC (co-managers); 2010A bonds due 2011 to 2022; 2010B bonds due 2025, 2030 and 2040; proceeds to fund capital improvements throughout the city, as well as refund an outstanding bank loan.

• $19.625 million series 2010A tax-exempt bonds

• $33.63 million series 2010B Build America Bonds

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