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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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