LOS ANGELES — A Los Angeles County joint powers authority plans to head to market the week of Dec. 9 to refund up to $200 million in redevelopment agency tax allocation revenue bonds as a conduit issuer for seven successor agencies located in the county.

The refunding will represent the inaugural bond sale for the JPA formed in June to help redevelopment successor agencies in the county to refund bonds for interest-rate savings. County supervisors approved the bond sale at their Nov. 15 meeting.

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