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Jail completes refunding of lease financing

At the regular meeting of the Daviess-DeKalb County Regional Jail District Board of Directors held on Dec. 16, legal documents implementing a $1,860,000 current refunding of the remaining $2,215,000 Series 2006 Lease Certificates of participation were signed.

The district selected L.J. Hart & Company of St. Louis as its municipal bond underwriter after hearing proposals from three other investment banking firms.

The average rate of interest for the Series 2011

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