Fast-Growing Texas School District Taking $89 Million to Voters

Watts, Jim
November 2004
Bond Buyer;11/17/2004, Vol. 350 Issue 32012, p7
Trade Publication
The article reports on the Texas-based Lake Worth Independent School District's plan to seek voter approval of $88.9 million in bonds to build new schools and expand existing ones over the next 10 years. On approval, the bonds will be sold in two parts. First Southwest Co. is the district's financial adviser. Bond counsel is McCall, Parkhurst & Horton LLP. The first part of $37.7 million includes $14.5 million for a new elementary school, $16.5 million for a new middle school, and $3.4 million for improvements at athletic fields. Projects included in the second phase comprise $27.16 million for additions and improvements to the existing high school, $17.7 million for a second new elementary school, and $1.8 million for improvements to the district administration building.


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