Municipal Calendar: Cuyahoga County prepares $230.88 million certificates deal

Week of May 19

CONTRA COSTA WATER DISTRICT (CALIFORNIA): $100 million series T water revenue refunding bonds (/AA+/AA); negotiated; Raymond James/Morgan Keegan (lead); Citigroup Global Markets Inc. and Goldman, Sachs & Co. (co-managers); proceeds to advance refund the district's series N water revenue bonds; pricing week of May 19.

CUYAHOGA COUNTY (OHIO): $230,885,000 series 2014 certificates of participation (Aa3/AA-/); negotiated; Stifel, Nicolaus & Co. Inc. (lead); proceeds to finance or reimburse the county for the construction of a convention center in downtown Cleveland; pricing week of May 19.

NEW YORK TRUST FOR CULTURAL RESOURCES/AMERICAN NATURAL HISTORY MUSEUM: $152.16 million series 2014 refunding revenue bonds (Aa3/VMIG 1/AA/A-1+/); negotiated; Morgan Stanley & Co. LLC, BofA Merrill Lynch, J.P. Morgan Securities LLC, U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC (lead for 2014A); Wells Fargo and Morgan Stanley (lead for 2014B-1); Morgan Stanley & Co. LLC (lead for 2014B-2); proceeds to refund existing debt; pricing week of May 19.

• $51.91 million series 2014A fixed-rate bonds due 2031 to 2034 with term bonds due 2037 and 2041

• $50,405,000 series 2014B-1 flexible-rate bonds due April 1, 2044

• $49,845,000 series 2014B-2 flexible-rate bonds due April 1, 2044

OREGON: $68.39 million series 2014 higher education general obligation bonds; negotiated; BofA Merrill Lynch and Citigroup Global Markets Inc. (lead); Fidelity Capital Markets Inc.; Goldman, Sachs & Co.; J.P. Morgan Securities LLC; Morgan Stanley & Co. LLC; and RBC Capital Markets LLC (co-managers); proceeds to finance a variety of capital projects for the Oregon University System; pricing week of May 19.

• $63.84 million series 2014C tax-exempt bonds due 2015 to 2034 with term bonds due 2039 and 2043

• $4.55 million series 2014D taxable bonds due 2015 to 2033

UNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITY: $157,955,000 series 2014-4 taxable refunding revenue bonds (Aa2/AA-/AA); negotiated; Ramirez & Co. Inc. and Wells Fargo Securities LLC (lead); BofA Merrill Lynch, Barclays, Cabrera Capital Markets LLC, Citigroup Global Markets Inc., Drexel Hamilton LLC, Fidelity Capital Markets Inc., J.P. Morgan Securities LLC, Janney Montgomery Scott LLC, Jefferies & Co., Lebenthal & Co. LLC, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Piper Jaffray & Co., Raymond James/Morgan Keegan and Roosevelt & Cross Inc. (co-managers); proceeds to refund the authority's series 2005-2 senior refunding revenue bonds; pricing week of May 19.

UNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITY: $63,865,000 series 2014-3 tax-exempt senior refunding revenue bonds (Aa2/AA-/AA); negotiated; Wells Fargo Securities LLC, Ramirez & Co. Inc. and Jefferies & Co. (lead); BofA Merrill Lynch, Barclays, Cabrera Capital Markets LLC, Citigroup Global Markets Inc., Drexel Hamilton LLC, Fidelity Capital Markets Inc., J.P. Morgan Securities LLC, Janney Montgomery Scott LLC, Lebenthal & Co. Inc., Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Raymond James/Morgan Keegan, Roosevelt & Cross Inc. and Piper Jaffray & Co. (co-managers); proceeds to refund the authority's series 2005D revenue bonds issued through the Massachusetts Health and Educational Facilities Authority; pricing week of May 19.

May 22

EAST BAY MUNICIPAL UTILITY DISTRICT (CALIFORNIA): $335,875,000 series 2014 water system revenue bonds (Aa1/AAA/AA+); negotiated; Wells Fargo Securities LLC (lead for 2014A); J.P. Morgan Securities LLC (lead for 2014B); proceeds to refund the district's series 2005A bonds for debt service savings; pricing May 22.

• $131.05 million series 2014A water system refunding revenue bonds

• $204,825,000 series 2014B water system refunding revenue bonds

On the Horizon

ALABAMA PUBLIC SCHOOL AND COLLEGE AUTHORITY: $82,655,000 series 2014A capital improvement refunding bonds (Aa1/AA/AA+); negotiated; The Frazer Lanier Co. Inc. (lead); Joe Jolly & Co. Inc., Merchant Capital LLC and Benchmark Securities LLC (co-managers); bonds due 2015 to 2026; proceeds to refund the authority's series 2005 capital improvement bonds.

CLEVELAND COUNTY EDUCATIONAL FACILITIES AUTHORITY (OKLAHOMA): $91.85 million series 2014 educational facilities lease revenue bonds; negotiated; D.A. Davidson & Co. (lead); bonds due 2015 to 2019; proceeds to finance capital improvements to educational facilities within the county.

DECATUR HOSPITAL AUTHORITY (TEXAS)/WISE REGIONAL HEALTH SYSTEM: $98,255,000 series 2014A hospital revenue bonds (/BB+/BB+); negotiated; BofA Merrill Lynch and Cain Brothers (lead); proceeds to construct, equip and improve hospital facilities, as well as refund the authority's series 2004A revenue bonds.

DENTON INDEPENDENT SCHOOL DISTRICT (TEXAS): $76,675,000 series 2014A unlimited tax school building bonds; negotiated; J.P. Morgan Securities LLC (lead); Raymond James/Morgan Keegan and Southwest Securities Inc. (co-managers); bonds due 2015 to 2038; proceeds to construct, equip, improve and repair school buildings within the district.

HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP. (TEXAS)/MEMORIAL HERMANN HEALTH SYSTEM: $221,105,000 series 2014 hospital revenue bonds (A1/A+/); negotiated; J.P. Morgan Securities LLC (lead for 2014A, sole for 2014B); BofA Merrill Lynch, Citigroup Global Markets Inc., Goldman, Sachs & Co., Loop Capital Markets LLC, RBC Capital Markets LLC and Wells Fargo Securities LLC (co-managers for 2014A); proceeds to acquire, equip, construct, renovate and improve facilities operated by Memorial Hermann.

• $150,035,000 series 2014A bonds due 2016 to 2031

• $71.07 million series 2014B bonds due Dec. 1, 2042

HOLLAND SCHOOL DISTRICT (MICHIGAN): $57.84 million series 2014 unlimited tax general obligation refunding bonds; negotiated; The Huntington Investment Co. and Stifel, Nicolaus & Co. (lead); bonds due 2015 to 2035; proceeds to refund the district's series 2010B school building and site bonds.

JORDAN VALLEY WATER CONSERVANCY DISTRICT (UTAH): $50 million series 2014 water revenue and refunding bonds (/AA+/AA); negotiated; George K. Baum & Co. Inc. (lead); Stifel, Nicolaus & Co. Inc. (co-managers); proceeds to advance refund district's series 2005A water revenue bonds.

• $44.21 million series 2014A water revenue and refunding bonds due 2017 to 2045

• $5.79 million series 2014B water revenue refunding bonds due 2015 to 2017

LOS ANGELES COUNTY (CALIFORNIA): $900 million series 2014-15 tax and revenue anticipation notes; negotiated; J.P. Morgan Securities LLC and Wells Fargo Securities LLC (lead); Alamo Capital, KeyBanc Capital Markets Inc. and Stifel, Nicolaus & Co. Inc. (co-managers); notes due June 30, 2015; proceeds to finance capital expenditures for the coming fiscal year.

MASSACHUSETTS: $60 million series 2014 consolidated loan general obligation MassDirect notes (Aa1/AA+/AA+); negotiated; Citigroup Global Markets Inc. (lead); proceeds to finance capital expenditures for the commonwealth.

• $30 million series 2014-5 notes due June 1, 2017, June 1, 2019 and June 1, 2024

• $30 million series 2014-6 notes due June 1, 2016, June 1, 2018 and June 1, 2023

MASSACHUSESTTS WATER POLLUTION ABATEMENT TRUST: $561.24 million series 2014 state revolving fund refunding bonds; negotiated; BofA Merrill Lynch (lead); Jefferies & Co.; Ramirez & Co.; Baird & Co.; Barclays; Cabrera Capital Markets LLC; CastleOak Securities LP; Citigroup Global Markets Inc.; Estrada Hinojosa & Co. Inc.; Fidelity Capital Markets Inc.; J.P. Morgan Securities LLC; Janney Montgomery Scott LLC; Lebenthal & Co. LLC; Mesirow Financial Inc.; Morgan Stanley & Co. LLC; Piper Jaffray & Co.; Raymond James/Morgan Keegan; Rice Financial Products Co.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; Sterne, Agee & Leach Inc.; TD Securities (USA) LLC; U.S. Bancorp Investments Inc.; and Wells Fargo Securities LLC (co-managers); bonds due 2015 to 2031; proceeds to refund the trust's series 4, series 9, series 10, series 12, series 13 and series 14 pool program bonds, its series 1998A loan program bonds and its series 2004B pool program refunding bonds.

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.

YSLETA INDEPENDENT SCHOOL DISTRICT (TEXAS): $80.08 million series 2014 unlimited tax refunding bonds; negotiated; BOSC Inc. (lead); Jefferies & Co., Ramirez & Co. Inc. and RBC Capital Markets LLC (co-managers); bonds due 2014 to 2030; proceeds to refund the district's series 2006 unlimited tax school building bonds.

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