Municipal Calendar: Lower Colorado River preps $307.97 million deal

Week of March 4

March 5

ANCHORAGE (ALASKA): $107 million series 2013 general obligation tax anticipation notes (/SP-1+/); competitive; First Southwest Co. (financial adviser); notes due Sept. 17, 2013; proceeds to finance cash requirements ahead of the collection of certain taxes; pricing March 5.

CENTRAL WASHINGTON UNIVERSITY (WASHINGTON): $53.69 million series 2013 system revenue refunding bonds (A1); competitive; SDM Advisors Inc. (financial adviser); bonds due 2014 to 2034; proceeds to advance refund the university's series 2004 revenue bonds for a debt service savings; pricing March 5.

LOWER COLORADO RIVER AUTHORITY (TEXAS): $307.97 million series 2013 transmission contract refunding revenue bonds (A2/A/A+); competitive; OBP Muni LLC (financial adviser); bonds due 2014 to 2043; proceeds to refund the $320 million of transmission contract revenue notes; pricing March 5.

UNIVERSITY OF ALABAMA: $133.79 million series 2013 general revenue bonds (Aa2/AA-/); competitive; Protective Securities (financial adviser); proceeds to finance improvements to the university's Birmingham campus and to refund existing debt; pricing March 5.

• $17,675,000 series 2013A-1 bonds due 2014 to 2020

• $69.84 million series 2013A-2 bonds due 2021 to 2043

• $43.22 million series 2013B bonds due 2014 to 2029

• $3,055,000 series 2013C bonds due 2014 to 2019

March 6

MARYLAND: $692.58 million series 2013 general obligation bonds (Aaa/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); proceeds to finance the acquisition and construction of state facilities, make capital grants to local governments for public schools, community colleges and jail and correctional facilities and make matching fund loans and grants to local governments, nonprofit institutions and other entities for hospitals, cultural projects and other projects, as well as to refund existing G.O. debt; pricing March 6.

• $500 million series 2013 first series A tax-exempt G.O. bonds due 2016 to 2028

• $192.58 million series 2013 first series B tax-exempt G.O. refunding bonds due 2017 to 2020

Week of March 11

March 12

PORT OF SEATTLE (WASHINGTON): $103.52 million series 2013 limited tax general obligation refunding bonds (Aa1/AAA/AAA); competitive; Seattle-Northwest Securities Corp. (financial adviser); proceeds to refund the port's series 2004 and 2011 limited tax G.O. refunding bonds; pricing March 12.

• $28,085,000 series 2013A non-AMT bonds due 2021 to 2023

• $75,435,000 series 2013B taxable bonds due 2013 to 2021 and 2025

On the Horizon

CEDAR HILL INDEPENDENT SCHOOL DISTRICT (TEXAS): $61,399,333.10 series 2013 unlimited tax school building and refunding bonds; negotiated; Raymond James/Morgan Keegan (lead); Duncan-Williams Inc. and Southwest Securities Inc. (co-managers); proceeds to construct, equip, acquire and furnish school buildings within the district, as well as to refund a portion of the district's series 2004 and 2005 revenue bonds.

• $34.34 million series 2013 unlimited tax school building bonds due 2014 to 2025 and 2027 to 2043

• $27,059,333.10 series 2013 unlimited tax refunding bonds due 2023 to 2034 and 2016 to 2022

COOK COUNTY (ILLINOIS): $90 million county road and highway improvement sales tax revenue bonds (//AAA); negotiated; Wells Fargo Securities LLC (lead); proceeds to finance road, bridge and highway infrastructure projects as part of the county's 2012 -2014 highway transportation plan.

DOUGLAS COUNTY SCHOOL DISTRICT (GEORGIA): $116.91 million series 2013 general obligation refunding bonds (Aa2/AA+/); negotiated; Raymond James/Morgan Keegan (lead); bonds due 2018 to 2027; proceeds to refund existing G.O. debt.

ECTOR INDEPENDENT SCHOOL DISTRICT (TEXAS): $117.94 million series 2013 unlimited tax school building bonds; negotiated; Southwest Securities Inc. (lead); Estrada Hinojosa & Co. and First Southwest Co. (co-managers); bonds due 2014 to 2038; proceeds to construct, equip and furnish high school buildings, construct and equip elementary school buildings and acquire school buses for the district.

FAIRFAX COUNTY (VIRGINIA): $101,455,000 series 2013B public improvement bonds (Aaa/AAA/AAA); negotiated; Morgan Stanley & Co. LLC (lead); bonds due 2014 to 2024; proceeds to finance school, transportation, public safety, parks and recreation and other improvement, as well as to refund the county's series 2004A-B, 2005A, 2007A and 2008A public improvement bonds.

FULTON COUNTY (GEORGIA): $219.8 million series 2013 water and sewerage revenue refunding bonds (Aa3/AA-/AA-); negotiated; J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (lead); BofA Merrill Lynch, Terminus Securities and Raymond James/Morgan Keegan (co-managers); bonds due 2025 to 2035; proceeds to refund the county's series 2004 water and sewerage revenue bonds.

HAMPTON ROADS SANITATION DISTRICT (VIRGINIA): $215.22 million series 2013 wastewater revenue and refunding bonds (Aa2/AAA/AA+); negotiated; Raymond James/Morgan Keegan (lead); bonds due 2013 and 2019 to 2033 with term bond due in 2038; proceeds to finance capital wastewater projects and refund existing revenue bonds.

HIDALGO COUNTY DRAINAGE DISTRICT NO. 1 (TEXAS): $84 million series 2013 unlimited tax improvement bonds (Aa2/AA-/); competitive; First Southwest Co. (financial adviser); bonds due 2014 to 2033; proceeds to construct drainage improvements and acquire rights of way.

HOUSTON INDEPENDENT SCHOOL DISTRICT (TEXAS): $150 million series 2013B limited tax variable-rate schoolhouse bonds (Aaa/AAA/); negotiated; Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC (lead); Estrada Hinojosa & Co. Inc. and Loop Capital Markets LLC (co-managers); bonds due 2035 to 2037; proceeds to construct, equip and acquire school buildings within the district.

ILLINOIS: $500 million series of February 2013 general obligation bonds; competitive; Public Resources Advisory Group (financial adviser); bonds due 2014 to 2038; proceeds to finance school and transportation projects, as well as other state capital projects.

ILLINOIS HOUSING DEVELOPMENT AUTHORITY: $100 million series 2013 housing revenue bonds; negotiated; RBC Capital Markets LLC (lead); George K. Baum & Co., Mesirow Financial Inc. and Raymond James/Morgan Keegan (co-managers); proceeds to purchase mortgage-backed securities.

• $65 million series 2013A tax-exempt bonds

• $35 million series 2013B taxable bonds

LOUISIANA: $249,205,000 series 2013A state highway improvement revenue bonds (Aa3/AA-/AA-); negotiated; Citigroup Global Markets Inc. (lead); Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Raymond James/Morgan Keegan and Stephens Inc. (co-managers); bonds due 2014 to 2033; proceeds to fund state highway improvements.

MAIMONIDES MEDICAL CENTER (NEW YORK): $100,535,000 series 2013 Government National Mortgage Association taxable revenue bonds (Aaa/AA+/); negotiated; BofA Merrill Lynch (lead); bonds due March 20, 2032; proceeds to acquire certain GNMA securities.

MAINE STATE HOUSING AUTHORITY: $105.37 million series 2013 mortgage purchase bonds; negotiated; Citigroup Global Markets Inc. and BofA Merrill Lynch (lead); J.P. Morgan Securities LLC, Raymond James/Morgan Keegan, Morgan Stanley & Co. LLC and RBC Capital Markets LLC (co-managers); proceeds to refund series 2003C-F and 2004A mortgage bonds.

• $95.37 million series 2013C taxable mortgage purchase bonds due 2014 to 2023 with term bonds due 2027 and 2030

• $10 million series 2013D mortgage bonds due 2028 and 2033

MARTIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FLORIDA)/INDIANTOWN COGENERATION, L.P.: $127.79 million series 2013 industrial development refunding revenue bonds; negotiated; Morgan Stanley & Co. LLC (lead); proceeds to refund Indiantown's series 1994A-B industrial development revenue bonds.

MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY/UNIVERSITY OF MARYLAND MEDICAL SYSTEM: $356,705,000 series 2013 revenue bonds (A2/A-/A); negotiated; J.P. Morgan Securities LLC (lead); BofA Merrill Lynch, Wells Fargo Securities LLC, Loop Capital Markets LLC, M&T Securities Inc. and US Bancorp Inc. (co-managers); proceeds to refinance authority's acquisition of most of the assets of St. Joseph Medical Center in Towson and to refund the authority's series 2004B revenue bonds.

• $241,755,000 series 2013A tax-exempt bonds

• $114.95 million series 2013B taxable bonds

METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA: $145.49 million series 2013 water revenue refunding bonds (Aa1/AAA/AA+); negotiated; Goldman, Sachs & Co. (lead for 2013A, 2013C); De La Rosa & Co. Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC and US Bancorp Inc. (co-managers for 2013A, 2013C); J.P. Morgan Securities LLC and Loop Capital Markets LLC (lead for 2013B); proceeds to refund existing water revenue bonds.

• $90.46 million series 2013A bonds due 2013 and 2018 to 2021

• $18.7 million series 2013B taxable bonds due 2018

• $13,505,000 series 2013C-1 bonds due 2027

• $14.02 million series 2013C-2 bonds due 2025

• $8,805,000 series 2013C-3 bonds due 2023

NARRAGANSETT BAY COMMISSION (RHODE ISLAND): $64,965,000 series 2013A wastewater system revenue bonds (/AA-/); negotiated; US Bancorp Investment Inc. and Morgan Stanley & Co. LLC (lead); Janney Montgomery Scott LLC and TD Securities (USA) Inc. (co-managers); bonds due 2022 to 2043; proceeds to refund bond anticipation notes, which were issued to finance improvements to the commission's wastewater treatment facilities.

NEVADA: $200,195,000 series 2013 general obligation bonds; negotiated; Morgan Stanley & Co. LLC (lead); KeyBanc Capital Markets Inc. and Piper Jaffray & Co. (co-managers); proceeds to refund the state's series 2004A-B capital improvement and cultural affairs bonds, series 2005A capital improvement, parks and cultural affairs bonds, series 2005C-D open space, parks and cultural affairs bonds, 2005J capital improvement, parks and cultural affairs bonds, series 2005K natural resources bonds, series 2006A-B natural resources bonds, series 2006E capital improvement bonds, series 2007A natural resources and series 2007B capital improvement and cultural affairs bonds.

• $98,815,000 series 2013D-1 capital improvement and cultural affairs G.O. refunding bonds due 2016 and 2019 to 2025

• $64,975,000 series 2013E taxable capital improvement and cultural affairs G.O. refunding bonds due 2014 to 2019

• $12.11 million series 2013F-1 natural resources G.O. refunding bonds due 2018 to 2028

• $3.59 million series 2013G open space, parks and cultural resources G.O. refunding bonds due 2016 to 2021

• $20,705,000 series 2013H-1 open space, parks and cultural resources G.O. refunding bonds due 2017 to 2026

PLANO (TEXAS): $63.01 million series 2013 general obligation refunding and improvement bonds (/AAA/AAA); negotiated; Baird & Co. (lead); Hutchinson Shockey Erley & Co. and RBC Capital Markets LLC (co-managers); bonds due 2013 to 2033; proceeds to refund the city's series 2005 G.O. and improvement bonds, series 2006 G.O. bonds and series 2006 combination tax and revenue certificates of obligation.

RHODE ISLAND STUDENT LOAN AUTHORITY: $67,525,000 series 2013A student loan program revenue bonds (/A+/A); negotiated; BofA Merrill Lynch (lead); Janney Montgomery Scott LLC (co-manager); bonds due 2013 to 2028; proceeds to make student loans.

SHANDS TEACHING HOSPITAL AND CLINICS (FLORIDA): $125 million series 2013A Shands Health Care System taxable revenue notes (/A/); negotiated; BofA Merrill Lynch (lead); proceeds to acquire and construct facilities for the health care system.

UNION COUNTY (NORTH CAROLINA): $139,995,000 series 2013 general obligation refunding bonds (Aa1/AA/AA+); negotiated; Baird & Co. (lead); George K. Baum & Co., US Bancorp Inc. and Wells Fargo Securities LLC (co-managers); proceeds to refund the county's series 2004A-B and 2007A-C variable-rate G.O. bonds and 2007D and 2009A-B G.O. public school refunding bonds.

• $62.62 million series 2013A bonds due 2014 to 2029

• $77,375,000 series 2013B bonds due 2014 to 2031

UNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITY $270.13 million series 2013 project revenue bonds negotiated J.P. Morgan Securities LLC and Raymond James/Morgan Keegan (lead) BofA Merrill Lynch, Barclays, Cabrera Capital Markets LLC, Citigroup Global Markets Inc., Corby Capital Markets Inc., Drexel Hamilton LLC, Fidelity Capital Markets LLC, Janney Montgomery Scott LLC, Jefferies & Co., Lebenthal & Co., Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Piper Jaffray & Co., Ramirez & Co. Inc., Roosevelt & Cross Inc. and Wells Fargo Securities LLC (co-managers) proceeds to construct an electric substation, expand the Isenberg School of Management, improve the Fine Arts Center and make other campus improvements to University of Massachusetts facilities.

• $198,385,000 series 2013-1 project revenue bonds due 2014 to 2023 with term bonds due 2038 and 2043

• $71,745,000 series 2013-2 taxable project revenue bonds due 2014 to 2023 with term bonds due 2038 and 2043

VIRGINIA HOUSING DEVELOPMENT AUTHORITY: $400,547,219 series 2013 taxable homeownership mortgage bonds (Aa1/AA+/); negotiated; Raymond James/Morgan Keegan and Wells Fargo Securities LLC (lead); bonds due Aug. 25, 2042; proceeds to finance mortgage loans to qualified Virginia residents.

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