Kentucky Selects Team for $450 Million of Issuance Planned for Fiscal '04

DeSue, Tedra
June 2003
Bond Buyer;6/13/2003, Vol. 344 Issue 31656, p6
Trade Publication
Kentucky in the week before June 13, 2003, selected the underwriting and bond counsel firms that will work on almost 450 million dollars of appropriation-backed bond issues for the State Property and Building Commission during the upcoming 2004 fiscal year. Proposed bond issues for fiscal 2004, which starts July 1, 2003 include 165 million dollars worth of taxable debt for endowment and loan programs, 145 million dollars of tax-exempt bonds for water and sewer projects, 87 million dollars of tax-exempt debt for general government projects, and 52 million dollars of tax exempts for the Kentucky State Fair Board Expansion project. Officials plan to use 52 million dollars worth of bond proceeds to expand the Kentucky State Fair grounds to include a 169,000-square-foot exhibit area.


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