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02/16/17 Debt Issuance

posted Sep 8, 2017, 1:58 PM by Summer Bowman
On February 8, the District closed the first debt issue of our bond authorization. We issued $128.4 million, 52%, of our $247.5 million authorization. In addition, we received $10.06 million in premium. After paying issuance costs, there is $137.7 million available now to finance bond projects. We expect the remaining authorization will be issued this time next year.