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Nixon touts interest-free bonds at Missouri school

Nixon touts interest-free bonds at Missouri school

October 5th, 2010 in News

TRENTON, Mo. (AP) -- Gov. Jay Nixon is touting a north-central Missouri school district as one making good use of interest-free bonds from the state for taxpayer-saving improvements.

Nixon's visit to the Trenton R-9 district on Tuesday morning is scheduled to detail the work being funded by $1.6 million in bonds the district received earlier this year from $162 million in available bonds he announced at the time.

Nixon says the bonds are upgrading and expanding school sites, creating jobs and, in Trenton's case, saving district taxpayers roughly $800,000.

Nixon's stop in Trenton will include touring an elementary school where an activity center and several classrooms are being built.