[Archived] City General Obligation Bonds to be Sold

City Press Release


	City of Alexandria, Virginia Office of the City Manager Alexandria City Hall 301 King Street, Suite 3500 Alexandria, Virginia 22314-3211 www.alexandriava.gov Telephone: 703.838.4300 Fax : 703.838.6343

Dec. 23, 2003
PIO 215-03

City General Obligation Bonds to be Sold

On January 6, 2004, the City of Alexandria will be competitively selling $64,700,000 in General Obligation Capital Improvement Bonds. These bonds have been rated AAA by Standard and Poor’s Credit Market Services and Aaa by Moody’s Investors Service. This is the highest rating given by the bond rating agencies. To purchase these bonds, which are sold in $5,000 increments with maturities from 2005 to 2023, contact a broker.

The City’s Preliminary Official Statement (i.e., the prospectus) and Notice of Sale may be reviewed on line at ci.alexandria.va.us/bonds or by contacting Dan Neckel at 703.838.4755.

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As with any investment, interested investors should read and study a prospectus before making an investment decision. This press release does not represent an offer to sell or a solicitation to purchase.