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Article: Traverse Area District Library $8.5 Million General Obligation Bonds Rated 'A+' By Fitch -- Fitch Financial Wire --
- Article from:
- PR Newswire
- Article date:
- October 1, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Oct. 1 /PRNewswire/ -- The $8,500,000 Traverse Area District Library, Counties of Grand Traverse and Leelanau, MI. 1996 Building and Site Bonds (Unlimited Tax General Obligation) are rated 'A+' by Fitch Investors Service. The bonds will be sold competitively on Oct. 10, 1996. They are dated Oct. 1, 1996 and due May 1, 1997-2017. Term bonds may be designated by the purchaser from May 1, 2007 through the final maturity. Bonds maturing in the years 2007 through 2017 are subject to prior redemption.
The issue will pay the cost of acquiring, constructing, renovating, furnishing and equipping library facilities in the district. The ...