TITLE

San Antonio School District Preps $106M Issue

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/28/2005, Vol. 351 Issue 32079, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that about $64.3 million of the refunding will fix out currently outstanding variable-rate demand bonds, with the remainder being sold for present-value savings. Proceeds from the 2004 authorization are scheduled to finance eight elementary schools, two middle schools, and a new high school. The bond package also includes land acquisition for 12 schools and funds for expansion and improvements to existing campuses. The remaining capacity from the 2004 authorization will be sold in chunks of roughly $100 million each year.
ACCESSION #
16260596

 

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