CHICAGO — Top-rated Missouri will take competitive bids Tuesday on its long-planned $164 million general obligation refunding that will achieve double-digit savings and provide some budgetary relief.

The bonds are being sold through the Missouri Board of Fund Commissioners in two series, one for $63.5 million of state water pollution control GOs and another for $100 million of fourth state building GOs. Columbia Capital Management is advisor on the sale and Gilmore & Bell PC is bond counsel with Fields & Brown LLC serving as co-bond counsel.

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