ANNOUNCED AS TEMPORARYNo
On September 5, 2012 the Sanger Texas Industrial Development Corporation issued industrial development corporation exempt facilities revenue bonds for the Texas Pellets project (Series 2012B), a venture to produce fuel for wood-burning stoves. The principal value at issuance was $157,250,000. Tax-exempt industrial development bonds are typically issued and loaned to eligible companies to acquire land, buildings, or equipment.
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