Royal Oaks Receives $12.5M Approval
Sun City, AZ
Proceeds of the Bonds will be used to demolish existing and construct
new dining, kitchen and fitness areas, as well as upgrade the HVAC
system. The Bonds will be variable rate and have a 30 year term. The
applicant anticipates that the Bonds will be backed by a letter of
credit and will be publicly offered.
Institution Type:Assisted Living Facility
Bond Issue Date:1/1/2008
Amount Financed:10 Million - 25 Million
Interest Rate:Variable
Bond Denomination:5,000
Request Official Statement
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