The Bond Buyer articles from March 2007

The Bond Buyer archives from March 2007

Thursday.
March 1, 2007... Regions THE DORMITORY AUTHORITY of the State of New York yesterday approved the issuance of $515 million of bonds on behalf of a college and two hospitals as well as a request for a state oversight board to approve $234 million of grants...

MAC: DAC Patent Invalid: CPO Shutdown Would Hurt Market.
March 1, 2007... WASHINGTON -- The Municipal Advisory Council of Texas is urging a federal court in Orlando to both deny Digital Assurance Certification LLC's request for a preliminary injunction that would shut down the Central Post Office disclosure facility,...

February Volume Up 11.8%: First Two Months of 2007 Outpacing '06.
March 1, 2007... The $26.7 billion of primary volume that entered the market last month bested 2006's February volume by 11.8%, according to Thomson Financial. But a dip in new-money issuance countered views around the market that new money would continue...

Moody's to Map Muni Credits to Global Scale.
March 1, 2007... Moody's Investors Service will announce today an expansion of its efforts to map municipal credit ratings to the scale it uses for all other credits, according to an advance copy of the report obtained by the Bond Buyer. After several...

In Brief: GDP Shows 2.2% Growth In Preliminary 4Q Reading.
March 1, 2007... WASHINGTON -- The economy grew at a much lower rate than initially reported in the fourth quarter, rising at a slightly lower-than-expected 2.2% rate, the Commerce Department revealed yesterday in its preliminary report on the economy's...

In Brief: New Home Sales Sink 16.6% To 937,000 Annual Rate.
March 1, 2007... WASHINGTON -- Sales of new single-family homes plunged 16.6% to a 937,000 seasonally adjusted annual rate in January - the largest percentage drop in 13 years, according to data released by the Commerce Department yesterday. The 937,000...

In Brief: Chicago Business Barometer Dips to 47.9 in February.
March 1, 2007... The Chicago Purchasing Managers' Business Barometer slumped to 47.9 in February from 48.8 in January, the National Association of Purchasing Management-Chicago said yesterday. This was the second straight month that the index showed...

In Brief: NAPM-NY BCI Rises To 449.7 From 445.9.
March 1, 2007... The New York Business Conditions Index in the National Association of Purchasing Management-New York's Report on Business increased in February to 449.7 from 445.9 in January, the group reported yesterday. The report's outlook-expectations...

Munis Slightly Weaker After Previous Rally.
March 1, 2007... After a sizeable rally Tuesday, fueled by a stock market sell-off that saw the Dow Jones industrial average plummet 416 points, municipals were slightly weaker yesterday. Traders said tax-exempt yields were lower by one or two basis...

DASNY Approves $515M of Bonds for Hospitals, College.
March 1, 2007... The Dormitory Authority of the State of New York at its monthly board meeting yesterday approved the issuance of $515 million of bonds on behalf of a college and two hospitals along with a request for a state oversight board to approve $234...

Transportation: FTA's 'Penta-P' Program to Offer Aid to Three P3 Projects.
March 1, 2007... The Federal Transit Administration has launched a pilot program to assist up to three public transportation projects that can demonstrate the benefits of public-private partnerships, including long-term lease deals. The FTA "is promoting...

Disclosure: BoA Files Statement Notifying InvestorsOf Its Cooperation With Federal Probes.
March 1, 2007... Bank of America Corp. filed an annual financial statement with the Securities and Exchange Commission yesterday formally notifying investors it is cooperating with investigations by the Justice Department, SEC, and Internal Revenue Service of...

Moody's Weighs Possible Effects of California's Universal Health Care Proposal.
March 1, 2007... SAN FRANCISCO -- California Gov. Arnold Schwarzenegger's proposal for universal health care would have varied credit impacts on individual hospitals across the state, said a report by Moody's Investors Service. The report released...

N. J. Education Agency to Start RFP Process Again After Glitch.
March 1, 2007... The New Jersey Educational Finance Authority yesterday announced that it will redo its request for proposals procedure for swap adviser services do to a technical glitch in the initial process and approved up to $406.8 million of bond sales for...

Trends in the Region: Miami-Dade Commission to Vote On $490M Plan for Marlins' Stadium.
March 1, 2007... BRADENTON, FLA. -- The Miami-Dade County Commission on Tuesday will be asked to approve a preliminary $490 million bond financing plan to build a baseball stadium for the Florida Marlins. If commissioners approve, planners would proceed to...

Trends in the Region: Southeast Invisible Supply.
March 1, 2007... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date ALABAMA Birmingham Jefferson convention rev. bonds $600 P 2007 FLORIDA Miami-Dade County aviation bonds $600 A UBS...

Visible Supply by State.
March 1, 2007... Feb. 28, 2007 Feb. 21, 2007 State Issues Amount Issues Amount Chg in Amt Alabama 0 $0 1 $22,925,000 -$22,925,000 Florida 7 518,990,000 3 307,405,000 211,585,000 Georgia 2 155,730,000 2 79,760,000 75,970,000...

Plain/Insured GO Yield Curves for Feb. 27, 2007*.
March 1, 2007... State Ratings One-Year Five-Year 10-Year 30-Year Virginia Aaa/AAA/AAA 3.56 / 3.56 3.54 / 3.59 3.65 / 3.72 3.95 / 4.00 North Carolina Aaa/AAA/AAA 3.56 / 3.56 3.55 / 3.62 3.66 / 3.75 3.95 / 4.05 Georgia Aaa/AAA/AAA...

FLORIDA: Crist Urges National Cat Fund.
March 1, 2007... Gov. Charlie Crist on Monday presented a resolution from the Southern Governors' Association calling on Congress to create a national catastrophe fund. Crist presented the resolution to House Speaker Nancy Pelosi, D-Calif., and Senate...

FLORIDA: Cat Fund Seeks FA.
March 1, 2007... Officials with the Florida Hurricane Catastrophe Fund last week issued a notice stating that they will receive proposals from qualified vendors for financial advisory services. An "invitation to negotiate" and details concerning the...

FLORIDA: Broward Hospital Boosted.
March 1, 2007... Moody's Investors Service last week upgraded to A2 from A3 the rating assigned to North Broward Hospital District's $286 million of outstanding debt. The outlook is stable. "The rating upgrade is attributable to improved financial...

LOUISIANA: S&P Drops Parish Hospital.
March 1, 2007... Standard & Poor's on Tuesday lowered to BBB from BBB-plus the rating on St. Charles Parish Hospital Service District No. 1's general obligation debt. The action affected approximately $28 million of outstanding debt. The agency said the...

MISSISSIPPI: Wireless Bonds on the Table.
March 1, 2007... Lawmakers now are in negotiations over more than $500 million of bonds contained in a bill passed by the Mississippi House last week. The House bill provides bond financing for a $200 million statewide wireless communications system for law...

VIRGINIA: Port Authority Earns a Raise.
March 1, 2007... Standard & Poor's on Friday raised its outlook on the Virginia Port Authority's port facility revenue bonds to positive from stable, citing the credit's long history of robust cargo trends, strong historical financial performance, and favorable...

Competitive Bond Offerings.
March 1, 2007... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond Buyer Online's Competitive Bond Offering Calendar....

Competitive Note Offerings.
March 1, 2007... Tentative dates for negotiated sales of $1 million or more. Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is...

Negotiated Bond Offerings.
March 1, 2007... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of February 26 ...

Results of Negotiated Sales.
March 1, 2007... ALABAMA Tuskegee (City) Feb 20, 2007 $1,105,000 Limited Obligation Gasoline Tax Warrants, Series 2007 (book entry) Dated Feb 1, 2007. Due Jan 1, 2012 to 2022. First coupon Jul 1, 2007. Callable , at par. ...

Results of Competitive Sales.
March 1, 2007... CALIFORNIA Novato (City) Feb 28, 2007 $5,000,000 General Obligation Bonds, Series 2007 (book entry). Dated Mar 14, 2007. Due Aug 1, 2008 to 2027. Callable Aug 1, 2017 at 101.0%, declining to par Aug 1, 2018. ...

Election Results.
March 1, 2007... APPROVED Tuesday, Feb 27, 2007 MICHIGAN Beecher Comm SD-$3,270,000 Remodeling facilities and purchasing of buses Memphis Comm Schs-$6,325,000 Construction and improvements, and acquisition of buses Parchment...

Municipal Bond Activities.
March 1, 2007... March 7 California Debt & Investment Advisory Commission is hosting its annual conference on Understanding Swap Pricing and Calculating Risk at the California Society of Municipal Finance Officers. The session will provide a basic...

People: IRS Taps Michael Chesman to Head Office of Professional Responsibility.
March 1, 2007... The Internal Revenue Service has selected Michael R. Chesman to run the Office of Professional Responsibility, the agency announced yesterday. The office, created in 2003, investigates allegations of misconduct and negligence among tax...

OPEBs: S&P Report: States' Pension Liabilities, While Growing, Shouldn't Wring Ratings.
March 1, 2007... State pension systems' unfunded liabilities have increased to $330 billion collectively, but those huge numbers could moderate before they squeeze states' creditworthiness as they continue to see strong investment returns on their pension...

Education: Texas School Fund Seeks Boost in Bond Guarantee Capacity.
March 1, 2007... A bill that could increase the Texas Permanent School Fund's capacity to back local school debt is humming along in the state Legislature. Sponsored by Republican state Sen. Florence Shapiro, the legislation would give the Texas Board of...

Mississippi Nabs $1.3B Toyota Assembly Plant With $300M Bond Incentive.
March 1, 2007... BRADENTON, Fla. -- Mississippi has offered $300 million of bonds as part of an incentive package to lure a $1.3 billion Toyota Motor Corp. assembly plant, beating out Arkansas and Tennessee. The new plant on a 1,700-acre site near Tupelo...

Minn.'s Tax Revenue Outlook Similar to Last Year's.
March 1, 2007... CHICAGO -- Minnesota's economic outlook and forecast for tax collections over the next two years remains nearly on par with the forecast state finance officials released last year, according to the pivotal February revenue outlook released...

University of Connecticut to Sell $89 Million Later This Month.
March 1, 2007... The University of Connecticut later this month will sell $89 million of UConn fixed-rate general obligation bonds secured by the debt service commitment of the state. A retail order period is scheduled for March 26 and 27, with...

New-Issue Volume Notes.
March 1, 2007... The new-issue volume tables are based on information compiled by The Bond Buyer from Thomson Financial's database on Wednesday, Feb. 28, 2007. All figures are preliminary and subject to revision. Long-term bonds have final stated maturities...

Long-Term Bond Sales: January - February.
March 1, 2007... 2007 2006 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $58,220,400 1,505 $42,650,700 1,572 +36.5 % January 31,524,800 820 18,778,800 719 +67.9 February 26,695,600 685 23,871,900...

Largest Issues: February 2007.
March 1, 2007... Amount Issuer Date $2,214.9 Puerto Rico Highway & Transportation Authority (NM/ref) Feb 15 1,132.2 California (State), GOs (NM/ref) (cpt) Feb 14 1,062.5 Florida Citizens Property Insurance Corp. (ref) Feb 15 900.0 New York...

Long-Term Bond Sales: February.
March 1, 2007... 2007 2006 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $26,695,600 685 $23,871,900 853 +11.8 % Development 518,200 25 234,300 24 +121.2 Education 7,769,400 257 6,741,800 327...

Bond Sales by State: January - February.
March 1, 2007... 2007 2006 Volume Volume Percentage State Rank ($000s) Rank ($000s) Change Alabama 29 $510,200 22 $593,900 -14.1 % Alaska 37 262,300 26 533,200 -50.8 Arizona 17 1,059,500 27 467,500 +126.6 ...

Municipal Market Data General Obligation Yields.
March 1, 2007... Aaa Aaa (pure) (ins) Aa A Baa 2008 3.56 3.62 3.62 3.67 3.83 2012 3.55 3.65 3.63 3.75 3.87 2017 3.67 3.79 3.77 3.89 4.01 2022 3.78 3.90 3.88 4.01 4.14 2027 3.88 4.00 3.98 4.10 4.22 2032 3.93 4.04 4.03 4.15 4.27...

U.S. Securities Prices.
March 1, 2007... Prices as of 3 p.m. ET. Source: GovPx Inc. Treasury Bills Yesterday's Prev. Day's Yesterday's (in percent of discount) Bid/Offer Bid/Offer Bid Yield 1M -- 3/29/2007 5.128/118 5.078/068 5.234 3M -- 5/31/2007 5.003/993...

Short-Term Tax-Exempt Yields.
March 1, 2007... Feb 28, 2007 Feb 27, 2007 Mar 1, 2006 Selected MIG-1/SP-1+ Notes California Rans 4 1/2s (June 07) 3.48 3.48 3.26 Los Angeles Co Trans 4 1/2s (June 07) 3.48 3.48 3.25 Michigan GO 4 1/4s (Sept 07) 3.60 3.62 n.a. Texas...

Market Indicators.
March 1, 2007... Dollar amounts are in millions Day's 2007 2007 Daily Yesterday Change High Date Low Date Municipal Bond Index 117-22 -7/32 117-29 (2/27) 114-24 (1/29) 40 Average Dollar Price 101.87 -0.19 102.06 (2/27) 99.45 (1/29) ...

New-Issue Balances.
March 1, 2007... (,000 Omitted) *Since initial reoffering +Revised upward since last report Amount Date NEW OFFERINGS Sold Balance $325,000 2/28 Maryland (State) $325,000 All Sold 86,670 2/28 Plainfield Comm. Cons. Sch. Dist., Ill....

Reoffering Yields.
March 1, 2007... NRO - Not Reoffered; S.B. - Sealed Bid; SNA - Sold, Not Available Offer Amount Date ($Mil) NEW OFFERINGS 1 Year 5 10 15 20 25 30 2/28 10.2 Metropolitan Council, Minn. (Aaa/AAA) 3.57 3.74 4.03...... ...... RECENT OFFERINGS...

One-Year Note Index.
March 1, 2007... 2007 Feb 28 3.61% 21 3.62 14 3.62 7 3.62 Jan 31 3.63 24 3.60 17 3.56 10 3.53 3 3.51 2006 Dec 27 3.52 20 3.52 13 3.51 6 3.48 ...

Municipal Bond Index Update.
March 1, 2007... The list of bonds used to calculate the Municipal Bond Index was revised after the Feb. 28 pricing. The new coefficient is 1.0415. It was derived by dividing the Feb. 28 index (117.677307) by the average converted price of the new set of...

Municipal Bond Prices.
March 1, 2007... These 40 Bonds are evaluated and priced daily by Standard & Poor's Securities Evaluations Inc. All figures are rounded to the nearest eighth when reported in this table. "Change in Bid" is rounded after calculation. Dollar...

Municipal Bond Index.
March 1, 2007... Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 117-22 117-29 116-27 115-10 115-07 Wednesday, February 28, 2007 Maturity Par Call Dollar Conversion Converted Date Date Price Factor Price...

Chicago's Daley Gets 6th Term; Kansas City Candidates Runoff.
March 1, 2007... CHICAGO -- Touting Chicago's solid fiscal state, Mayor Richard Daley easily won reelection to a sixth term, while the former Kansas City, Mo. auditor and an anti-crime activist face a runoff election to succeed outgoing Mayor Kay Barnes. ...

Delta's Kentucky Debt Down 15 Basis Pts. Since Settlement.
March 1, 2007... CHICAGO -- Prices of bankrupt Delta Air Lines' $414 million of Kenton County, Ky., Airport Board bonds for projects at the Cincinnati/Northern Kentucky International Airport have dropped by about 15 basis points since news of a proposed...

Friday.
March 2, 2007... Regions GEORGETOWN UNIVERSITY is tapping the municipal bond market next week for the first time in six years with a $171.5 million refunding and new-money deal, the first of three bond sales totaling $286 million that the school plans to...

SEC to Redo Muni Rules: Chair Cox Wants Improved Disclosure.
March 2, 2007... AUSTIN, TEX. -- Securities and Exchange Commission chairman Christopher Cox plans to revamp municipal bond-related disclosure and accounting rules in the wake of disclosure debacles that date back to the mid-1990s in Orange County, Calif., his...

Dallas OKs Up to $500M For Water: Deal to Take Out CP, Refund Bonds.
March 2, 2007... DALLAS -- Dallas could issue up to $500 million of wastewater and water revenue bonds later this month to take out a chunk of its water utility's commercial paper program and refund outstanding bonds in a negotiated deal authorized by the City...

Trends in the Region: California Divvies Up $4.5B of Traffic-Jam Debt.
March 2, 2007... SAN FRANCISCO -- After a bipartisan political outcry, the board in charge of disbursing proceeds under California's giant 2006 transportation bond measure voted this week to allocate $4.5 billion for traffic congestion relief projects rather...

In Brief: Jobless Claims Rise 7,000 to 338,000.
March 2, 2007... WASHINGTON -- Initial claims for state unemployment rose 7,000 to 338,000 in the Feb. 24 survey week, the Labor Department reported yesterday. A department analyst said that there were no special factors during the week. Initial...

In Brief: Personal Income Up 1.0% Consumption Climbs 0.5%.
March 2, 2007... WASHINGTON -- January personal income was up a huge 1.0%, propelling personal consumption up 0.5% in a good start for the first quarter. However, core personal consumption expenditure prices printed a little high at 0.3% for a 2.3% over...

In Brief: Construction Spending Falls 0.8% to $1.180 Trillion.
March 2, 2007... Spending on construction projects fell 0.8% to a seasonally adjusted annual rate of $1.178 trillion in January, as private construction decreased 1.2%, but public construction rose 0.6%, according to Commerce Department figures released...

In Brief: ISM Index 52.3 in Feb., Up From 49.3 in Jan.
March 2, 2007... The overall economy grew for the 64th straight month, while the manufacturing sector expanded for just the second time in four months, the Institute for Supply Management reported yesterday. The ISM index increased to 52.3 in February from...

In Brief: 13-Day Cash Managements Draw 5.185% High Rate.
March 2, 2007... The Treasury Department yesterday sold $23 billion of 13-day cash management bills, at a 5.185% high tender rate. The bid to cover ratio was 2.40. The coupon equivalent was 5.281%. The price was 99.812764. The low bid was 5.140%. The median...

In Brief: Weekly T-Bill Auction To Raise $4.009B New Cash.
March 2, 2007... The Treasury Department yesterday it will raise $4.009 billion of new cash at its weekly auction of 91-day and 182-day discount bills Monday by selling $38 billion to refund $33.991 billion of maturing securities. To be sold are $21...

Munis Unchanged Following Mixed Data.
March 2, 2007... The municipal market was unchanged with a firmer tone yesterday as economic data came in mixed. "Some of the morning's numbers were mildly bearish for bonds, but there are a lot of offsets in there. Jobless claims being up, and [January]...

Correction.(Correction notice)
March 2, 2007... Due to an editing error, yesterday's story and accompanying headline on Delta Air Line's Kentucky airport debt included incorrect price information. The price of the bonds had dropped by about 15 points, not 15 basis points. (c) 2007 The...

Georgetown Marks Return to Bonding With $171.5M Sale.
March 2, 2007... WASHINGTON -- Georgetown University is tapping the municipal bond market next week for the first time in six years with a $171.5 million refunding and new-money deal, the first of three bond sales totaling $286 million that the school plans to...

Bond Sales for Georgetown University.
March 2, 2007... Issue Amount* Sale Date District of Columbia, Series 2001 A-D $300.0 April 2001 District of Columbia, Series 1999 A $180.4 April 1999 Georgetown University, Series 1999 B $34.7 April 1999 Georgetown University, Series...

Enforcement: IRS Plans to Announce VCAP Program Initiative for Forward Float Contracts.
March 2, 2007... AUSTIN -- The Internal Revenue Service plans to announce a voluntary closing agreement program initiative on forward float contracts in the next few weeks, according to a top agency official. The tax-exempt bond office will encourage...

Florida Citizens Property Insurance Seeks $1.8B in Liquidity.
March 2, 2007... BRADENTON, Fla. -- Florida's Citizens Property Insurance Corp. will be seeking proposals from bankers and the state as part of the process of determining how to provide $1.8 billion in liquidity for its personal and commercial accounts, which...

New Massachusetts Governor Unveils $26.7B Budget Plan Tackling $1.3B Gap.
March 2, 2007... Massachusetts Gov. Deval Patrick's $26.72 billion budget proposal tackles a $1.3 billion gap the state inherited from the previous year and offers a modest total projected spending increase of .09% above 2007's budget. Highlights of the...

Houston ISD Brings Delayed $279.8M Limited-Tax Refunding to Market.
March 2, 2007... DALLAS -- The largest school system in Texas finally pulled the trigger on a long-awaited refunding, as the Houston Independent School District sold $279.8 million of limited-tax refunding bonds yesterday. The deal was originally set for...

Inflows: Tax-Free Money Market Funds Bring In $4B in January.
March 2, 2007... Tax-free money market funds managed to win the lion's share of inflows when compared to that of long-term municipal bond funds during January, according to new data released this week by the Investment Company Institute. Tax-free money...

Indexes: Munis Follow Treasury Yields South After Dow Jones Industrial Average Plummets.
March 2, 2007... The Bond Buyer's weekly yield indexes declined this week, as municipals followed Treasury yields south following the Dow Jones industrial average plunging 416 points Tuesday. "Everything that happened Tuesday with the stock market was,...

Trends in the Region: Far West Invisible Supply.
March 2, 2007... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date CALIFORNIA Bay Area Toll Authority rev. bonds $1,000 P 2007-08 State gambling securitization $850 P JPMorgan 2007-08 ...

Visible Supply by State.
March 2, 2007... March 1, 2007 Feb. 22, 2007 State Issues Amount Issues Amount Chg in Amt Alaska 1 37,385,000 0 0 37,385,000 California 13 4,584,738,000 13 5,511,698,000 -926,960,000 Hawaii 0 0 0 0 0 Idaho 0 0 2...

Plain/Insured GO Yield Curves for Feb. 28, 2007*.
March 2, 2007... State Ratings One-Year Five-Year 10-Year 30-Year Oregon Aa3/AA-/AA- 3.58 / 3.58 3.65 / 3.63 3.78 / 3.76 4.07 / 4.05 Montana Aa2/AA-/NR 3.60 / 3.59 3.65 / 3.61 3.78 / 3.77 4.05 / 4.05 Idaho Aa2/AA-/NR 3.61 / 3.60...

CALIFORNIA: Pepperdine Boosted to Aa3.
March 2, 2007... Moody's Investors Service Wednesday upgraded the long-term rating on Pepperdine University debt to Aa3 from A1. The action affects $194.6 million of outstanding debt, all of which was issued through the California Educational Facilities...

CALIFORNIA: OPEB Meeting Set for March 9.
March 2, 2007... Gov. Arnold Schwarzenegger announced Wednesday that the first meeting of the state's Public Employee Post-Employment Benefits Commission will be March 9. Schwarzenegger issued an executive order in December to establish the 12-member...

CALIFORNIA: San Diego OKs Water Fee Hike.
March 2, 2007... The San Diego City Council voted Monday to adopt substantial fee increases to finance repairs and improvements to the city's water and wastewater systems. The average rate will increase about 35% over four years, through four incremental...

CALIFORNIA: L.A. Mayor Lauds LAX Revamp.
March 2, 2007... Los Angeles Mayor Antonio Villaraigosa was among the dignitaries on hand Monday at the groundbreaking for what is described as a major renovation of the international terminal at Los Angeles International Airport. "The Tom Bradley...

NEVADA: Gibbons: $300M for Prisons.
March 2, 2007... Gov. Jim Gibbons wants the Legislature to approve his proposal for $300.7 million of cash and bondfinancing to expand the state's prison capacity. Nevada's men's prisons have 145% of the inmate population originally planned for, while...

WASHINGTON: Bills Surround Initiative 747.
March 2, 2007... The ranking minority member of the House Finance Committee, Ed Orcutt, R-Cowlitz County, introduced a bill upholding the much-contested state Initiative 747, which capped property tax levy increases at 1% unless otherwise approved by voters....

Competitive Bond Offerings.
March 2, 2007... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond Buyer Online's Competitive Bond Offering Calendar....