Municipal Calendar: Buncombe County prepares $184.48 million bond offering

Week of February 10

MINNEAPOLIS (MINNESOTA): $61.17 million series 2014 Downtown East project taxable general obligation bonds (//AAA); negotiated; Wells Fargo Securities LLC (lead); bonds due 2017 to 2029 with term bonds due in 2034 and 2044; proceeds to finance a mixed-use development project for downtown Minneapolis; pricing week of Feb. 10.

MINNESOTA HOUSING FINANCE AGENCY: $50 million series 2014A non-AMT residential housing finance bonds; negotiated; RBC Capital Markets LLC (lead); Piper Jaffray & Co., Wells Fargo Securities LLC and Fidelity Capital Markets LLC (co-managers); bonds due 2015 to 2024 with term bonds due 2026 and 2038; proceeds to acquire residential mortgage loans; pricing week of Feb. 10.

February 13

BUNCOMBE COUNTY (NORTH CAROLINA): $184.48 million series 2014 limited obligation bonds; negotiated; Baird & Co. and SunTrust Robinson Humphrey (lead); proceeds to refinance the county's obligations as part of a 2006 contract and purchase bonds; pricing Feb. 13.

• $155,755,000 series 2014A bonds (Aa2/AA+/) due 2015 to 2037

• $28,725,000 series 2014B taxable bonds (Aa3/AA+/) due 2015 to 2034

Week of February 17

February 18

CARY (NORTH CAROLINA): $76,895,000 series 2014 general obligation public improvement bonds (Aaa/AAA/AAA); competitive; Davenport & Co. LLC (financial adviser); bonds due 2015 to 2039; proceeds to finance the construction, acquisition, improvement and equipment of streets, parks and recreational facilities, fire stations and water systems; pricing Feb. 18.

On the Horizon

ALACHUA COUNTY HEALTH FACILITIES AUTHORITY/EAST RIDGE RETIREMENT VILLAGE INC. (FLORIDA): $71,515,000 series 2014 health facilities revenue bonds (//BB); negotiated; Ziegler Capital Inc. (lead); proceeds to finance capital improvements at East Ridge Retirement Village's East Ridge at Cutler Bay facility in Cutler Bay, Fla., including 90 new assisted living units, 31 new memory support units and 74 new skilled nursing beds to replace existing facilities.

ALASKA HOUSING FINANCE CORP.: $96,005,000 series 2014A state capital project bonds II; negotiated; J.P. Morgan Stanley & Co. LLC (lead); BofA Merrill Lynch, KeyBanc Capital Markets Inc. and Raymond James/Morgan Keegan (co-managers); bonds due 2016 to 2033; proceeds to refund existing corporation obligations.

BELL COUNTY WATER CONTROL AND IMPROVEMENT DISTRICT NO. 1 (TEXAS): $50,235,000 series 2014 water system revenue bonds; negotiated; Wells Fargo Securities LLC and Baird & Co. (lead); Samco Capital Markets Inc. and BOSC Inc. (co-managers); bonds due 2020 to 2039; proceeds to finance improvements to the district's water system.

CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY/CALIFORNIA BAPTIST UNIVERSITY: $61,015,000 series 2014 revenue bonds; negotiated; D.A. Davidson & Co. (lead); proceeds to acquire an apartment complex for student housing and to lease student housing for the School of Nursing.

• $54,925,000 series 2014A bonds due 2023, 2033 and 2043

• $6.09 million series 2014B bonds due 2019

DALLAS AND FORT WORTH (TEXAS)/DALLAS-FORT WORTH INTERNATIONAL AIRPORT: $202.61 million series 2014A AMT joint revenue refunding bonds; negotiated; Citigroup Global Markets Inc. and Barclays (lead); Jefferies & Co. and Cabrera Capital Markets LLC (co-managers); bonds due 2014 to 2032; proceeds to refund the cities' series 2003A joint revenue refunding and improvement bonds issued for the airport, which are due Nov. 1, 2032, and bear interest at 5% priced at par.

EL DORADO IRRIGATION DISTRICT (CALIFORNIA): $123,565,000 series 2014A refunding revenue bonds (A1/A+/); negotiated; Citigroup Global Markets Inc. (lead); proceeds to refund the district's series 2004A and 2009A certificates.

GEORGIA HOUSING AND FINANCE AUTHORITY: $156.11 million series 2014A single family mortgage bonds; negotiated; Citigroup Global Markets Inc. and BofA Merrill Lynch (lead); Edward D. Jones & Co. LP, George K. Baum & Co. and Morgan Stanley & Co. LLC (co-managers); proceeds to refund existing debt and to make mortgage loans to qualified Georgia residents.

• $78,435,000 series 2014A-1 non-AMT bonds due 2029, 2034, 2038 and 2044

• $35.13 million series 2014A-2 AMT bonds due 2014 to 2024 with term bond due in 2026

• $1.88 million series 2014A-3 non-AMT bonds due 2014 to 2017 and 2024 with term bond due in 2028

• $40,665,000 series 2014A-4 non-AMT bonds due 2017 to 2025

INLAND VALLEY DEVELOPMENT SUCCESSOR AGENCY (CALIFORNIA): $270 million series 2014 tax allocation refunding bonds (/A-/); negotiated; Barclays (lead); proceeds to repay outstanding loans and refund the agency's series 2011B-C bonds.

• Series 2014A tax-exempt bonds

• Series 2014B taxable bonds

LOUISIANA: $201.68 million series 2014A 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 2015 to 2034; proceeds to finance capital improvements to state highways.

PUBLIC FINANCE AUTHORITY/USA PLACE PARKING FACILITIES LLC (ARIZONA): $103.5 million series 2014 taxable parking revenue bonds; negotiated; KeyBanc Capital Markets LLC (lead); bonds due Feb. 1, 2021; proceeds to co

nstruct, equip, acquire and renovate a multilevel parking facility for the USA Place multi-use center anchored by a hotel and conference center in Tempe.

RED RIVER HEALTH FACILITIES DEVELOPMENT CORP./MRC THE CROSSINGS (TEXAS): $74.86 million series 2014 retirement facility revenue bonds; negotiated; Ziegler Capital Inc. (lead); proceeds to acquire property and construct 116 independent living apartments for the MRC The Crossings retirement community in League City, Texas.

• $61.86 million series 2014A fixed-rate bonds

• $7.85 million series 2014B-1 tax-exempt mandatory paydown securities

• $4.5 million series 2014B-2 tax-exempt mandatory paydown securities

• $650,000 series 2014C taxable mandatory paydown securities

RHODE ISLAND CLEAN WATER FINANCE AGENCY: $54,065,000 series 2014A water pollution control revolving fund revenue bonds (/AAA/AAA); negotiated; Janney Montgomery Scott LLC and Barclays (lead); Roosevelt & Cross Inc., BofA Merrill Lynch and Morgan Stanley & Co. LLC (co-managers); bonds due 2015 to 2034; proceeds to finance loans to local government units for clean water initiatives.

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