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Maple Heights school district, Ohio, to sell $55.7 million G.O. bonds
By Sheri Kasprzak
New York, Oct. 14 - The Maple Heights Community School District of Ohio is expected to price $55,736,771 in series 2008 general obligation bonds this week, according to a calendar of upcoming sales.
The bonds (Aa2) will be sold on a negotiated basis with Wachovia Bank as the senior manager.
Proceeds will be used for the implementation of the district's capital improvement plan, which includes the construction of new facilities to replace the district's existing high school, middle school and three elementary schools.
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