Municipals Calendar: Montgomery County preps $580 million deal

WEEK OF AUGUST 1

ALAMO COMMUNITY COLLEGE DISTRICT (TEXAS): $55.895 million series 2011 maintenance tax notes (Aaa/AA+/); negotiated; Loop Capital Markets LLC (lead); Siebert Brandford Shank & Co. LLC, Citigroup Global Markets Inc., RBC Capital Markets LLC and Raymond James & Associates Inc. (co-managers); notes due 2012 to 2031; proceeds to renovate and repair existing district facilities; pricing week of Aug. 1.

SAN BUENAVENTURA/COMMUNITY MEMORIAL HEALTH SYSTEM (CALIFORNIA): $345.9 million series 2011 revenue bonds (Ba2/BB/); negotiated; Bank of America Merrill Lynch (sole); bonds due 2016 to 2021 with term bonds due 2026, 2031 and 2041; proceeds to upgrade, expand and modernize Community Memorial Health facilities, including installing seismic safety measures; pricing week of Aug. 1.

WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT (CALIFORNIA): $85 million series 2011 general obligation refunding bonds; negotiated; Piper Jaffray & Co. (sole); proceeds to refund district's Election of 2002 series A-C G.O. bonds; pricing week of Aug. 1.

AUGUST 2

LEE COUNTY (FLORIDA): $118.9 million of series 2011A airport revenue refunding bonds; negotiated; Citigroup Global Markets Inc. (lead); Raymond James & Associates, Inc. (co-manager); bonds due 2013 to 2026 with a term due 2029; proceeds to refund all or a portion of the county's outstanding series 2000A airport revenue bonds; pricing Aug. 2.

WATERFORD (CONNECTICUT): $65.35 million series 2011 general obligation bonds (Aa2/AA/) and G.O. bond anticipation notes (MIG 1/SP-1+/); competitive; FirstSouthwest Co. (financial adviser); bonds due 2012 to 2030; notes due March 20, 2012; proceeds to retire town's bond anticipation notes maturing on Aug. 11, 2011; pricing Aug. 2.

• $14 million series 2011 G.O. bonds

• $51.35 million series 2011 G.O. bond anticipation notes

AUGUST 3

MONTGOMERY COUNTY (MARYLAND): $579.41 million series 2011 consolidated public improvement general obligation bonds (Aaa/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); 2011A bonds due 2012 to 2031; 2011B bonds due 2012 to 2033; proceeds to refinance all or a portion of the county's outstanding bond anticipation notes and refund existing G.O. debt; pricing Aug. 3.

• $320 million series 2011A

• $259.41 million series 2011B

NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY: $300 million series 2012A future tax secured subordinated bonds; negotiated; J.P. Morgan Securities LLC (lead); Barclays Capital Inc.; Goldman, Sachs & Co.; Cabrera Capital Markets Inc.; Jefferies & Co.; Ramirez & Co. Inc.; Siebert Brandford Shank & Co. LLC; Morgan Keegan & Co. Inc.; RBC Capital Markets LLC; Bank of America Merrill Lynch; Fidelity Capital Markets LLC; Loop Capital Markets LLC; Rice Financial Products Co.; Oppenheimer & Co. Inc.; Southwest Securities Inc.; Stone & Youngberg; Citigroup Global Markets Inc.; Morgan Stanley & Co. Inc.; Jackson Securities Inc.; M.R. Beal & Co.; Roosevelt & Cross Inc.; Wells Fargo Securities LLC; Raymond James & Associates Inc.; and Stifel, Nicolaus & Co. (co-managers); proceeds to redeem existing bonds; pricing Aug. 3.

AUGUST 4

MANATEE COUNTY (FLORIDA): $50 million series 2011 tax anticipation notes; competitive; Public Financial Management Inc. (financial adviser); notes due May 1, 2012; proceeds to finance capital requirements ahead of the collection of budgeted revenues; pricing Aug. 4.

VIRGINIA COLLEGE BUILDING AUTHORITY: $274.895 million series 2011A educational facilities revenue bonds; competitive; First Southwest Co. (financial adviser); bonds due 2013 to 2032; proceeds to finance capital projects and acquire equipment for various higher educational facilities in Virginia; pricing Aug. 4.

WEEK OF AUGUST 8

AUGUST 11

NEW MEXICO FINANCE AUTHORITY: $59.135 million series 2011B senior lien public project revolving fund revenue bonds (Aa1/AAA/); competitive; Western Financial Group LLC (financial advisor); 2011B-1 bonds due 2012 to 2036; 2011B-2 bonds due 2012 to 2031; proceeds to provide loans to various governmental units; pricing Aug. 11.

• $44.54 million series 2011B-1

• $14.595 million series 2011B-2

ON THE HORIZON

ALACHUA COUNTY HEALTH FACILITIES AUTHORITY (FLORIDA): $145.27 million of health facilities revenue bonds; negotiated; Ziegler Capital Markets; proceeds for the construction, development, acquisition of land and equipping of a continuing care retirement community in Bonita Springs, Fla.

• $81.27 million series 2011A fixed-rate bonds

• $3 million series 2011B accelerated redemption reset option securities

• $15 million of series 2011C1 mandatory paydown securities

• $46 million of series 2011C2 mandatory paydown securities

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.

SACRAMENTO COUNTY SANITATION DISTRICTS FINANCING AUTHORITY (CALIFORNIA): $78.02 million series 2011A revenue refunding bonds (Aa3/AA/AA-); negotiated; Stone & Youngberg (lead); Bank of America Merrill Lynch and J.P. Morgan Securities LLC (co-managers); bonds due 2022 to 2027; proceeds to redeem authority's series 2001 revenue bonds on Aug. 26, 2011.

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