Jefferson County, Ala., filed a brief notice with the bond market on Tuesday stating that it once again defaulted on its sewer warrants. The county said warrants were purchased by banks that entered into standby warrant purchase agreements.

“Under the terms of the standby warrant purchase agreements, $46,046,250 in aggregate principal amount of warrants was due for accelerated redemption on July 1, 2011,” the notice said, adding that the county failed to pay the redemption price of the warrants.

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