Florida Firm to Use Tax-Exempt Bonds For Financing Special Treatment Facility

Sigo, Shelly
July 2006
Bond Buyer;7/20/2006, Vol. 357 Issue 32427, p34
Trade Publication
The article reports on the announcement of GEO Group Inc., which states that it had received a contract from the state's Department of Children and Families to manage and operate an existing 545-bed facility in Arcadia, and to begin construction of a new $60 million, 660-bed replacement facility to be financed with tax-exempt bonds. According to the report, the total bond issue will be about $62 million, including about $1.2 million for costs of issuance.


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