Palm Beach County, Fla., preps $56.84 million public improvement bonds

By Sheri Kasprzak

New York, April 22 – Palm Beach County, Fla., is set to price $56,835,000 of series 2015A public improvement revenue bonds on Tuesday, according to a preliminary official statement.

The bonds (Aa1/AA+/AA+) will be sold competitively with Public Financial Management Inc. and Spectrum Municipal Services Inc. as the financial advisers.

The maturities have not been set.

Proceeds will be used to construct a 2,600-space parking garage adjacent to the county’s convention center, as well as to renovate and improve county buildings.

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