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Kaufman & Canoles Represents Spotsylvania County in Issuance of Taxable General Obligation School Bond

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Kaufman & Canoles, P.C., recently served as bond counsel in connection with the issuance by the County of Spotsylvania, Virginia of its $2,630,000 Taxable General Obligation School Bond, which was sold to the Virginia Public School Authority ("VPSA") in exchange for a portion of the proceeds of VPSA's Direct Payment Qualified School Construction Bonds to finance the costs of certain energy efficiency improvements and renovations to public school buildings in Spotsylvania County. The transaction closed on July 8, 2010.

Kaufman & Canoles is a Virginia based law firm with offices in seven Virginia cities. The firm’s experienced corporate and public finance attorneys serve as bond counsel and underwriter’s counsel in a wide variety of tax-exempt and taxable financings for public entities as well as conduit borrowers such as educational institutions, hospitals and retirement communities. Inquiries regarding this transaction should be directed to Richard L. Hurlbert, Jr., Esq. at rlhurlbert@kaufcan.com.

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