...Sale Information: $11,990,000 Electric Utility System Revenue Refunding Bonds, New Series 2016A, and $34,295,000 Electric Utility System Revenue Refunding Bonds, New Series 2016B, via negotiated sale the week of Nov. 14. Security: Subordinate lien on the net revenues of Garland, TX's, electric utility system, known as Garland Power & Light. Purpose: Proceeds from the Series 2016A bonds will refund outstanding Series 2007 bonds and pay the costs of issuance. Proceeds from the Series 2016B bonds will refund outstanding commercial paper obligations and pay the costs of issuance. Final Maturity: Sept. 1, 2037....
