Southern Grove district No. 5, Fla., to sell $68.46 million in bonds

By Cristal Cody

Tupelo, Miss., Nov. 25 - The Southern Grove Community Development District No. 5 in Florida expects to sell $68.455 million in research facilities revenue bonds for the Oregon Health and Science University Vaccine and Gene Therapy Institute Florida Corp. project.

The series 2009 bonds will be sold through a negotiated sale led by Prager, Sealy & Co., LLC.

The proceeds will be used to finance or reimburse for the costs of building and land improvement projects.

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