Waiting Game in Texas

Albanese, Elizabeth
March 2005
Bond Buyer;3/22/2005, Vol. 351 Issue 32095, p1
Trade Publication
Reports on the new-money general obligation bond offerings of the Clear Creek Independent School District (ISD) and the Cypress-Fairbanks ISD in Texas. Advantage offered by high interest rates for Clear Creek; Consideration of Cypress-Fairbanks whether to delay their deal until the U.S. Internal Revenue Service releases a letter about the Texas Permanent School Fund; Announcement of the Texas Education Agency that the state's traditional means of guaranteeing unlimited-tax school bonds had reached its capacity.


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