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Content about Zions Bank

February 18, 2011

At the School Board Meeting on Tuesday night the school board local building authority approved the issuance of $4 million in bonds for the school building projects.  The bonds will be purchased by Zions Bank.  The bank has agreed to purchase them at the same rate as the subsidized rate under the federal government program used for the bonds.  This means that the school district will be getting interest free money.