With OK From IRS, Dayton, Ohio, School District to Sell $152 Million

Carvlin, Elizabeth
July 2003
Bond Buyer;7/16/2003, Vol. 345 Issue 31678, p1
Trade Publication
Focuses on the plans to sale of $151.5 million of school construction and improvement bonds by Dayton City School District, Ohio on July 17, 2003, a month after the U.S. Internal Revenue Service (IRS) ruled that the sale will not violate hedge fund or spend down rules and therefore can be tax-exempt. Rating of the bond assigned by various agencies; Bonds issued by the district in June after the ruling of IRS.


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