Municipal Calendar: Orlando organizes $238.59 million tourist development bonds

Week of March 24

ORLANDO (FLORIDA): $238,585,000 series 2014A contract tourist development tax payments revenue bonds (Aa2//AA+); negotiated; BofA Merrill Lynch and Citigroup Global Markets Inc. (lead); Cabrera Capital Markets LLC, J.P. Morgan Securities LLC, Jefferies & Co., Rice Financial Products Co. and Stifel, Nicolaus & Co. LLC (co-managers); bonds due 2016 to 2034 with term bonds due 2039 and 2044; proceeds to construct, acquire, repair and renovate a stadium and performing arts center in the city; pricing week of March 24.

Week of March 31

April 1

FAIRFAX COUNTY (VIRGINIA): $64.91 million series 2014 sewer revenue refunding bonds (Aa1/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); bonds due 2015 to 2028; proceeds to refund all or a portion of the county's series 2004 sewer revenue bonds; pricing April 1.

April 2

NEVADA: $61,745,000 series 2014 general obligation bonds (Aa2/AA/AA+); competitive; Public Finance and JNA Consulting Group LLC (financial advisers); proceeds to finance capital projects and to fund open space and recreational facility improvements, as well as to refund the state's series 2005B G.O. bonds; pricing April 2.

• $49,355,000 series 2014A capital improvement and cultural affairs bonds due 2019 to 2033

• $5.21 million series 2014B natural resources and refunding bonds due 2016 to 2029

• $2 million series 2014C open space, parks and natural resources bonds due 2019 to 2029

• $5.18 million series 2014D safe drinking water revolving fund matching and refunding bonds due 2015 to 2019

On the Horizon

HAMILTON COUNTY (OHIO)/UC HEALTH: $80,175,000 series 2014 hospital facilities revenue bonds (A3/A-/); negotiated; RBC Capital Markets LLC (lead); proceeds to finance the acquisition of a parking garage at the hospital's University of Cincinnati Medical Center campus, the expansion of an emergency room facility at the campus and the refunding of the health system's series 2001C revenue bonds.

INDIANA FINANCE AUTHORITY: $89,715,000 series 2014 state revolving fund program bonds; negotiated; Goldman, Sachs & Co. (lead); BofA Merrill Lynch, Jefferies & Co., PNC Capital Markets LLC and Ramirez & Co. Inc. (co-managers); proceeds to finance loans to eligible local government entities for capital projects and to refund existing debt.

• $18,155,000 series 2014A bonds due Feb. 1, 2015

• $71.56 million series 2014B refunding bonds due 2015 to 2022

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

KAREGNONDI WATER AUTHORITY (MICHIGAN): $220.5 million series 2014A water supply system bonds (A2/A+/); negotiated; J.P. Morgan Securities LLC (lead); Wells Fargo Securities LLC and Stifel, Nicolaus & Co. LLC (co-managers); proceeds to finance capital improvements to the authority's water system.

LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY/EAST BATON ROUGE SEWERAGE COMMISSION: $209,025,000 series 2014A subordinate lien revenue bonds (A1/A+/AA-); negotiated; J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (lead); Raymond James/Morgan Keegan, Loop Capital Markets LLC, Siebert Brandford Shank & Co. LLC and Stephens Inc. (co-managers); bonds due 2025 to 2040 with term bond due in 2044; proceeds to finance the upgrade, construction, extension and rehabilitation of the sewer system operated by the commission.

MASSACHUSETTS HOUSING FINANCE AGENCY: $67,941,172 series 2014A taxable rental development pass-through revenue bonds (Aaa/AA+/); negotiated; Barclays (lead); bonds due Jan. 15, 2046; proceeds to acquire U.S. Treasury obligations.

MICHIGAN STRATEGIC FUND/FACILITY FOR RARE ISOTOPE BEAMS PROJECT AT THE UNIVERSITY OF MICHIGAN: $83,885,000 series 2014 limited obligation revenue bonds (Aa3); negotiated; Citigroup Global Markets Inc. (lead); BMO Capital Markets LLC and PNC Capital Markets LLC (co-managers); bonds due 2015 to 2032; proceeds to fund the community share of the project, which is a national nuclear science facility to be constructed on the University of Michigan campus.

PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY/SINAI RESIDENCES OF BOCA RATON (FLORIDA): $189,885,000 series 2014 revenue bonds; negotiated; H.J. Sims & Co. (lead); proceeds to fund a loan to Sinai Residences of Boca Raton for capital improvements to the corporation's facilities, as well as to refund existing notes.

• $120,885,000 series 2014A bonds due 2024, 2034 and 2049

• $14 million series 2014B entrance fee principal redemption bonds due 2023

• $55 million series 2014C entrance fee principal redemption bonds due 2021

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

SAN DIEGO UNIFIED SCHOOL DISTRICT (CALIFORNIA): $261,105,264.15 series 2014 general obligation bonds (Aa3/AA-/); negotiated; Goldman, Sachs & Co. (lead); Loop Capital Markets LLC and Stifel, Nicolaus & Co. LLC (co-managers); proceeds to repair and upgrade outdated school facilities and to refund the district's series 2003, 2004 and 2005 G.O. bonds.

• $15,485,000 election of 2008 series 2014F G.O. bonds due 2014 and 2016

• $50,000,264.15 election of 2008 series 2014G G.O. bonds due 2031 to 2038 with term bond due 2038

• $195.62 million series 2014R-3 G.O. refunding bonds due 2015 to 2029

SAN JUAN UNIFIED SCHOOL DISTRICT (CALIFORNIA): $55 million election of 2002 series 2014 general obligation refunding bonds; negotiated; KeyBanc Capital Markets LLC (lead); bonds due 2014 to 2030; proceeds to advance refund the district's series 2007 bonds.

UNIVERSITY OF CALIFORNIA: $950 million series AM-AN general revenue bonds (Aa2/AA/); negotiated; Wells Fargo Securities LLC, Goldman, Sachs & Co. and Siebert Brandford Shank & Co. LLC (lead); Academy Securities Inc.; Backstrom McCarley Berry & Co. LLC; Barclays; Blaylock Robert Van LLC; CastleOak Securities LP; Citigroup Global Markets Inc.; Fidelity Capital Markets Inc.; Jefferies & Co.; Morgan Stanley & Co. LLC; Prager & Co. LLC; Ramirez & Co. Inc.; Raymond James/Morgan Keegan; Stern Brothers & Co.; U.S. Bancorp Investments Inc.; and The Williams Capital Group LP (co-managers); proceeds to finance or refinance capital projects for certain of the university's campuses.

• $550 million series AM tax-exempt bonds

• $400 million series AN taxable bonds

UNIVERSITY OF CONNECTICUT: $220 million series 2014 general obligation bonds (Aa3/AA/AA-); negotiated; Wells Fargo Bank N.A. (lead); Jefferies & Co.; Piper Jaffray & Co.; J.P. Morgan Securities LLC; BofA Merrill Lynch; Blaylock Beal Van LLC; Cabrera Capital Markets LLC; Estrada Hinojosa & Co. Inc.; Fidelity Capital Markets LLC; Goldman, Sachs & Co.; Morgan Stanley & Co. LLC; Ramirez & Co. LLC; Raymond James/Morgan Keegan; RBC Capital Markets LLC; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; and U.S. Bancorp Investments Inc. (co-managers); proceeds to finance capital improvements at the university and to refund existing G.O. debt.

• $120 million series 2014A G.O. bonds due 2015 to 2034

• $100 million series 2014B G.O. refunding bonds due 2015 to 2025

UNIVERSITY OF TEXAS SYSTEM: $270 million series 2014A revenue financing system bonds (Aaa/AAA/AAA); negotiated; Wells Fargo Securities LLC and Piper Jaffray & Co. (lead); Citigroup Global Markets Inc., Estrada Hinojosa & Co. Inc., Fidelity Capital Markets LLC, FirstSouthwest Co., Frost Bank, Ramirez & Co. Inc. and RBC Capital Markets LLC (co-managers); proceeds to finance capital projects for the university as well as to refinance commercial paper notes.

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