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Burlington school board approves $5.545 million loan notes for performing arts center
Summary
The Burlington Community School District board voted to authorize $5,545,000 in general obligation school capital loan notes to finance the Greyhound Performing Arts Center, approving the tax-exemption and disclosure documents required for sale.
The Burlington Community School District board on Monday approved a resolution authorizing $5,545,000 in General Obligation School Capital Loan Notes, Series 2025, to fund the Greyhound Performing Arts Center and related improvements.
The board also approved the related tax-exemption certificate and the continuing disclosure certificate required for the bond sale. Jim Wayne Wright, who answered board questions about the sale, said the tax-exemption certificate contains the detailed yield and interest information and the continuing disclosure…
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