Cape Coral, Fla., Selling $60M for Parks, CP Refinancing

Sigo, Shelly
June 2006
Bond Buyer;6/6/2006, Vol. 356 Issue 32396, p40
Trade Publication
The article reports that the city government of Cape Coral in Florida will sell 60-million-dollar worth of special obligation revenue bonds on June 6, 2006. The proceeds of the sale will be used to buy land for parks and recreation areas and to refinance the 20-million-dollar worth of outstanding commercial paper. The bonds, insured by MBIA Insurance Corp. have maturities between 2007 and 2036.


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