Two Florida School Boards Courting Retail With $222M in Debt

Sigo, Shelly
May 2006
Bond Buyer;5/30/2006, Vol. 356 Issue 32391, p3
Trade Publication
The article reports that two school districts in Florida are selling a combined total of about $222 million of certificates of participation (COP) and sales tax revenue bonds to build new schools. The St. Lucie County School Board is planning to sell $127 million of sales tax revenue bonds. The Lee County School Board will also sell about $95 million of COPs. The St. Lucie Series 2006 bonds will mature between 2007 to 2026. The bond has been insured by Financial Guaranty Insurance Co. The Lee County School Board's Series 2006A COPs will mature between 2007 to 2026 and has been insured by Financial Security Assurance Inc.


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