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Board OKs financing parameters for second phase of referendum projects
Summary
The school board approved resolutions to establish parameters for the sale of general obligation promissory notes tied to referendum projects, moving forward with a plan that includes taxable and tax-exempt components intended to limit IRS arbitrage exposure and retire the debt within 10 years.
The Green Bay Area Public School District Board on Feb. 24 approved resolutions establishing parameters for the sale of general obligation promissory notes tied to the district's November referendum.
The board approved a resolution authorizing the sale of up to $105,000,000 in general obligation promissory notes and up to $136,175,000…
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