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Published on 7/6/2011 in the Prospect News Municipals Daily.

Municipals Calendar: San Diego Community College preps deal

WEEK OF JULY 4

GRANITE SCHOOL DISTRICT (UTAH): $110 million series 2011 general obligation bonds (Aa1/Aaa); negotiated; Wells Fargo Securities LLC (lead); proceeds to construct new school facilities throughout district; pricing week of July 4.

MISSISSIPPI STATE UNIVERSITY: $55.365 million series 2011 residence hall construction and refunding revenue bonds; negotiated; Morgan Keegan & Co. Inc. (lead); Citigroup Global Markets Inc. and Morgan Stanley & Co. Inc. (co-managers); bonds due 2012 to 2026 with term bonds due 2031, 2036 and 2041; proceeds to refund university's series 2001 revenue bonds sold through the Mississippi Educational Building Corp., as well as make certain capital improvements to the university's main campus in Starkville, Miss., including the construction of a new residence hall; pricing week of July 4.

SAN DIEGO COMMUNITY COLLEGE DISTRICT (CALIFORNIA) $365.5 million series 2011 general obligation bonds (Aa1); negotiated RBC Capital Markets LLC (lead); proceeds to fund capital improvements to district's community college facilities; pricing week of July 4.

JULY 7

SPRING INDEPENDENT SCHOOL DISTRICT (TEXAS): $59.515 million series 2011 unlimited tax refunding bonds (Aaa/AAA/); negotiated; Morgan Keegan & Co. Inc. (lead); FirstSouthwest Co., Hutchinson, Shockey, Erley & Co. Inc., Loop Capital Markets LLC, BOSC Inc. and Rice Financial Products Co. (co-managers); bonds due 2012 to 2026; proceeds to refund district's series 1999, 2001 and 2001A unlimited tax schoolhouse bonds; pricing July 7.

WEEK OF JULY 11

JULY 11

COLORADO $100 million series 2011A education loan program tax and revenue anticipation notes (MIG 1/SP-1+/); competitive; RBC Capital Markets LLC (financial adviser); notes due June 29, 2012; proceeds to provide loans to educational facilities ahead of their collection of property taxes and other funds for the coming fiscal year; pricing July 11.

JULY 12

CHARLESTON COUNTY SCHOOL DISTRICT (SOUTH CAROLINA): $69.855 million series 2011 tax anticipation notes (MIG 1); competitive; Public Financial Management Inc. (financial adviser); notes due April 1, 2012; proceeds to finance general fund requirements for coming fiscal year ahead of receipt of ad valorem taxes and state funds; pricing July 12.

HARRIS COUNTY (TEXAS): $450 million series 2011 tax anticipation notes; competitive; First Southwest Co. (financial adviser); notes due Feb. 29, 2012; proceeds to finance general fund requirements ahead of the collection of taxes; pricing July 12.

NEWPORT NEWS (VIRGINIA) $65.365 million series 2011 general obligation general improvement and G.O. general improvement refunding bonds; competitive; Public Financial Management Inc. (financial adviser); 2011A bonds due 2012 to 2031; 2011B bonds due 2012 to 2022; proceeds to fund general improvements and refund the city's series 2001A G.O. bonds, 2001C G.O. bonds, 2002A G.O. bonds, 2002A G.O. water bonds, 2003B G.O. bonds, 2003B G.O. water bonds, 2004A G.O. bonds and 2004D G.O. bonds; pricing July 12.

• $46 million series 2011A G.O. bonds

• $23.365 million series 2011B G.O. general improvement refunding and water refunding bonds

SHREVEPORT (LOUISIANA): $81.5 million series 2011 general obligation bonds (A1/A+/); competitive; Grigsby & Associates Inc. (financial adviser); bonds due 2012 to 2031; proceeds to construct, acquire and improve public facilities and equipment for parks and recreation, public buildings and the police and fire departments; pricing July 12.

JULY 13

CHARLESTON COUNTY (SOUTH CAROLINA) $241.775 million series 2011 general obligation refunding and capital improvement transportation sales tax bonds (Aaa/AAA/); competitive; Davenport & Co. LLC (financial adviser) bonds due 2011 to 2029; proceeds to construct, acquire and design road and greenbelt projects; pricing July 13.

CHARLESTON COUNTY (SOUTH CAROLINA) $53.6 million series 2011 general obligation refunding and capital improvement bonds (Aaa/AAA/); competitive; Davenport & Co. LLC (financial adviser); bonds due 2011 to 2031 proceeds to defray a portion of costs of constructing and acquiring nursing school facilities at the Trident Technical College and the costs of acquiring, equipping, constructing and furnishing the Charleston County Law Enforcement Center, as well as to advance refund the county's series 2007 G.O. bonds; pricing July 13.

JULY

HIGHER EDUCATION LOAN AUTHORITY OF THE STATE OF MISSOURI: $579 million series 2011-1 student loan asset-backed Libor floating-rate notes (/AAA/AAA); negotiated; Morgan Stanley & Co. Inc. (lead); proceeds to acquire student loans; pricing in July.

ON THE HORIZON

MIAMI (FLORIDA): $80 million series 2011A special obligation non-ad valorem revenue refunding bonds (Aa3/A3/AA+/BBB-/BBB+); negotiated; RBC Capital Markets LLC (lead); Bank of America Merrill Lynch, Morgan Keegan & Co. Inc. and Raymond James & Associates Inc. (co-managers); proceeds to refinance all of the city's outstanding refunded loans.

NEW YORK STATE THRUWAY AUTHORITY: $880.61 million series 2011A general revenue bond anticipation notes; negotiated; RBC Capital Markets LLC and Loop Capital Markets LLC (lead); notes due July 12, 2012; proceeds to fund a portion of the authority's multi-year capital plan and refund its series 2009A general fund bond anticipation notes.

NORTH DAKOTA HOUSING FINANCE AGENCY: $90 million series 2011 homeownership mortgage revenue bonds (Aa3); negotiated; RBC Capital Markets LLC and Morgan Stanley & Co. LLC (lead); Bank of America Merrill Lynch and Piper Jaffray & Co. (co-managers); 2011A bonds due Jan. 1, 2041 and July 1, 2041; 2011B bonds due 2012 to 2021 with term bonds due 2025 and 2028; proceeds to provide single-family mortgage loans to qualified North Dakotans.

• $54 million series 2011A bonds

• $36 million series 2011B non-AMT bonds

NORTH TEXAS TOLLWAY AUTHORITY: $100 million series 2011A variable-rate revenue refunding bonds (A1/P-1/A+/A-1/); negotiated; Morgan Stanley & Co. Inc. (lead); bonds due Jan. 1, 2050; bonds initially bear interest at weekly rate; proceeds to refund authority's series 2008J first-tier revenue bonds.

ORLANDO-ORANGE COUNTY EXPRESSWAY AUTHORITY (FLORIDA): $290 million series 2011A refunding revenue bonds (//A); negotiated; Wells Fargo Securities LLC (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC, Raymond James &

Associates Inc., Barclays Capital Inc., Goldman, Sachs & Co., Morgan Stanley & Co. Inc. and RBC Capital Markets LLC (co-managers); proceeds to refund authority's series 2008B-1 and 2008B-2 bonds.

STATE BUILDING AUTHORITY (MICHIGAN): $646.425 million series 2011 revenue and revenue refunding bonds (Aa3/A+/); negotiated; J.P. Morgan Securities LLC (lead for fixed-rate and sole for variable-rate); Citigroup Global Markets Inc. (lead for fixed-rate); BMO Capital Markets LLC, Bank of America Merrill Lynch, Edward Jones & Co. LP, Loop Capital Markets LLC, Morgan Stanley & Co. Inc., PNC Capital Markets LLC, Ramirez & Co. Inc., Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC (co-managers); 2011I-A bonds due 2012 to 2031 with term bonds due in 2036, 2041 and 2046; 2011II-A bonds due 2012 to 2031 with term bond due in 2037; 2011I-B bonds due 2012 to 2021 with term bond due in 2031; 2011II-B bonds due 2042; proceeds to upgrade state buildings, including energy conservation measures, roof replacements and repairs, fire system improvements and upgrades, HVAC upgrades and window replacements.

• $433.215 million series 2011I-A facilities program revenue and revenue refunding bonds

• $154.715 million series 2011II-A facilities program revenue and revenue refunding bonds

• $12 million series 2011I-B federally taxable facilities program revenue bonds

• $46.495 million series 2011II-B variable-rate facilities program revenue refunding bonds

TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK: $125 million series 2011 revenue bonds (/A/A) negotiated; Morgan Stanley & Co. Inc.; bonds due 2017 to 2026 with term bond due July 1, 2031; proceeds to construct, improve, furnish and equip a 220,000 square-foot building in Lower Manhattan to house the museum's main facility for exhibition space, a conservatory, an auditorium and education and studio spaces.

WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY: $108.47 million series 2011A correctional, juvenile and public safety facilities lease revenue refunding bonds; negotiated; Bank of America Merrill Lynch (lead); Crews & Associates Inc. and Raymond James & Associates Inc. (co-managers); bonds due 2012 to 2026; proceeds to refund authority's series 2002A-B lease revenue bonds.


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