Signature Move

Carulis, Elizabeth
December 2004
Bond Buyer;12/1/2004, Vol. 350 Issue 32020, p39
Trade Publication
This article reports that opponents of a proposed $200 million bond issue to he sold by the Indianapolis, Indiana Public Schools must submit enough signatures to challenge the sale by tomorrow. In another district, residents are gathering signatures to oppose the Mount Vernon School Board's approval of a $136 million bond issue, according to local news reports. Some Indianapolis school district residents started gathering signatures after the board approved a plan to issue $200 million of bonds to fund the second phase of its $832 million capital program. Indianapolis Mayor Bart Peterson has said that he wanted the district to wait and work with the city to coordinate debt issuance for local capital projects.


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