ANNOUNCED AS TEMPORARYNo
On December 1, 2011 the Industrial Development Board of the City of Selma, Alabama issued Gulf Opportunity Zone Bonds for the International Paper Company Project (2011 Series A, Non-Amt). The principal value at issuance was $50,000,000. Tax-exempt industrial development bonds are typically issued and loaned to eligible companies to acquire land, buildings, or equipment.
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