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Local, regional schools granted bond authority

Published 06/11/2009, The Daily Republic

Aging roofs, old boilers and a school in need of demolition may not be so much of a problem anymore for the Freeman School District. The district is one of 13 in South Dakota that will be receiving part of $29 million in bonding authority to raise funds for construction or rehabilitation projects. The opportunity comes from Qualified School Construction Bonds, a new financial instrument created by the American Recovery and Reinvestment Act.

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