Corpus Christi ISD, Texas, to sell $90 million school building bonds

By Sheri Kasprzak

New York, Dec. 17 - The Corpus Christi Independent School District of Texas is planning to sell $90 million of series 2010 unlimited tax school building bonds during the week of Dec. 20, according to a sales calendar.

The deal includes $2 million of series 2010A bonds and $88 million of series 2010B bonds.

The bonds (Aa2/Aaa) will be sold on a negotiated basis.

Proceeds will be used to finance the construction, renovation, acquisition and equipment of school buildings in the district, as well as the purchase of necessary sites for school buildings.

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