Bond Redemptions

February 04, 1993|By Bloomberg Business News

PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of 11 issues totaling more than $50 million.

1! The issues being called are: * Morgan Hill, California Redevelopment Agency, Series 1984, tax allocation bonds (Ojo de Agua Community Development Project), maturing March 1, 1994, through March 1, 1999, March 1, 2010, and March 1, 2011. $10.935 million called at 102 on March 1, 1993, after $130,000 called at par.

Sonoma County, Calif., Water Agency, Series 1982 A, subordinated water revenue bonds maturing February 1, 1994, through February 1, 2002. $5.425 million called at prices ranging from 100.25 to 102.25 on Feb. 1, 1993.

Michigan Job Development Authority, Series 1985 A, limited obligation revenue bonds (Four "D" Investment Co.), maturing Sept. 1, 1993, through Sept. 1, 1995, and Sept. 1, 2015. $2.225 called at 103 on March 1, 1993.

* Blue Earth, Minn., Series 1984, general obligation improvement bonds, maturing March 1, 1994, through March 1, 2006; and Series 1985, general obligation refunding improvement bonds, maturing March 1, 1994, through March 1, 2006. $4.145 million called at par on March 1, 1993.

* Burnsville, Minn., Series 1984 E, general obligation improvement bonds, maturing March 1, 1997. $3.9 million called at par on March 1, 1993.

* St. Louis, Mo., Junior College District, Series 1989, leasehold revenue bonds maturing March 1, 1995, through March 1, 2004.

$3.385 million called at 102 on March 1, 1993.

* Cumberland Valley, Pa., School District, Series 1988, general obligation bonds, bonds maturing March 1, 1995, through March 1, 1999, called in full, bonds maturing on March 1, 1994, remain outstanding in part. $4.515 million called at par, on March 1, 1993.

* Forest Area, Pa., School District, Series 1987, general obligation bonds, maturing March 1, and Sept. 1, from March 1, 1993, through March 1, 2002. $5.48 million called at par, on Feb. 26, 1993.

* Lancaster, Pa., School District, Series 1988, general obligation bonds, maturing March 1, 1994, through March 1, 2002, March 1, 2005, and March 1, 2008. $6.855 million called at par, on March 1, 1993.

* Lower Dauphin, Pa., School District, Series 1988, general obligation bonds, maturing Sept. 1, 1993, through Sept. 1, 2002, Sept. 1, 2005, and Sept. 1, 2008. $4.415 million called at par on March 1, 1993.

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