Recent Articles
- The 2010 Census Road Tour is coming to Clarksville, TN
- AT&T challenges 1 million customers to go paperless, To plant trees to celebrate those who make the switch
- Pulitzer Prize-winning journalist, author to speak at APSU
- Donn Janes announces trip to D.C. to support the effort to stop the Healthcare legislation.
- Roxy Regional Theatre brings Steinbeck’s Powerful of Mice and Men to Clarksville
- 16th Annual Governors Bass Tournament just around corner
- Early childhood development spans the ages.
- Soy Ginger Chicken With Winter Greens
- Extended School Year: Panacea or Headache?
- Citizen Police Academy is an adventure into law enforcement
- APSU’s Dimensions New Music Series to present works inspired by folk culture.
- Law of Supply and Demand is Not Always Followed in Business
- Your Income Taxes and Energy Credits
- Water Outage scheduled for Greenwood Avenue
- Clarksville’s leadership answers military call to duty
Official Sites
- City of Clarksville, TN
- Clarksville Department of Electricity
- Clarksville Gas and Water Department
- Clarksville Montgomery County School System
- Clarksville Police Department
- Clarksville, Montgomery County Economic Development Council
- Clarksville, TN Ordinances
- Fort Campbell, Ky
- Montgomery County, Tennessee
- Montgomery County, Tennessee Sheriff’s Office
- Parks after Dark
Topic: Dyer County
Communities to receive financing to build or repair schools
November 8, 2009 | 
CMCSS receives 20 Million for Renovation of Montgomery Central High School
Communities throughout Tennessee will receive financing to build or repair schools as a result of the Tennessee State School Bond Authority’s (TSSBA) action on Thursday.
The TSSBA finalized plans to sell up to $184 million worth of Qualified School Construction Bonds (QSCBs) as part of a program created by the federal American Recovery and Reinvestment Act. The bonds are tax credit bonds that provide a federal tax credit to the investor on a quarterly basis. The bonds may also pay a supplemental coupon to the bondholders on a quarterly basis.
Thursday the TSSBA selected a bond underwriting team, approved a final bond resolution and finalized documents needed to move forward with the bond sale. The TSSBA had preliminarily approved the loans in September and, after some revisions in loan amounts and the addition of the City of Kingsport as a new borrower, the revised list of project loans were approved by the TSSBA.
The TSSBA will invest the proceeds from the bond sale in the State Pooled Investment Fund (SPIF) and will disburse the funds to the communities to pay the expenses related to their school construction projects.
Montgomery Central High School after the renovations
«Read the rest of this article»
Archives
Full
