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Published on 9/3/2010 in the Prospect News Municipals Daily.

Cleveland Municipal School District to sell $55 million G.O. bonds

By Cristal Cody

Tupelo, Miss., Sept. 3 - The Cleveland Municipal School District in Ohio intends to sell $55 million in general obligation school improvement bonds, according to a preliminary official statement.

The series 2010 bonds (Aa2/AA/AA) are due Dec. 1, 2026.

The bonds will price through a competitive sale on Sept. 14.

Fifth Third Securities Inc. and Blaylock Robert Van, LLC are the financial advisers.

Proceeds will be used to renovate, construct, furnish and equip school facilities.


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