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Policy Manual

6145 - Borrowing

Upon the initiative of the Board, the Chief Business Officer shall prepare the data and applications regarding the borrowing of revenue anticipation notes, tax anticipation notes, certificates of participation, and other such debt instruments. Once prepared, a recommendation shall be made to the Board for approval.

Funds shall be borrowed from the responsible organization offering the most favorable terms, as approved by the Board.

F.S. 1011.12, 1011.13

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