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R-5 Board Approves Sale of $790,000 Lease Financing

The Board of Education of the Gallatin R-5 School District of Daviess County at a regular meeting on Aug. 13 approved the sale of $790,000 lease certificates of participation to its municipal bond underwriter, L.J. Hart & Company of St. Louis. These certificates are for the purpose of funding the site development, construction, equipping, and furnishing of an addition to the middle school building.

According to Dr. Bruce A. Johnson,

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