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Greenville ISD authorizes first $150 million installment of $399 million bond program
Summary
The board authorized issuance of up to $150 million as the initial installment of a $399 million voter-approved bond program to fund a new high school, renovations and other projects, delegating sale logistics to administration.
The Greenville Independent School District board approved an order authorizing the issuance of up to $150,000,000 as the first installment of a voter‑approved $399,000,000 school bond program.
District financial adviser Doug Webb (Santo Capital) and bond counsel outlined a plan of finance that, in administration’s presentation, assumes a preliminary interest-rate model of 5.15% but expected…
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