Palm Beach School District, Fla., to sell $115 million TANs Tuesday

By Sheri Kasprzak

New York, Sept. 17 - The Palm Beach County School District in Florida plans to bring $115 million of series 2010 tax anticipation notes on Tuesday, said a preliminary official statement.

The notes (MIG 1) will be sold competitively with Public Financial Management Inc. as the financial adviser.

The notes are due Jan. 14, 2011.

Proceeds will be used to fund operating and capital costs incurred by the district ahead of the collection of ad valorem taxes during the fiscal year.

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