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IVCC to discussing bond issuance for new building

Posted by wlpo on October 25, 2011

How do you pay for a $23 million building project?  Go out for bonds.  That’s part of the strategy at Illinois Valley Community College where they plan to build a Community Technology Center.  It would add another building to campus.

The board plans to get together next Tuesday evening to talk about the issuance of $5 million in general obligation bonds.

The college is on the hook for $7.6 millions with grants from the state covering most of the bill.  The special meeting is Tuesday at 6pm.

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