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$89,845,000 Mobile School Bonds

May 1, 2006

Miller, Hamilton, Snider & Odom, LLC serves as bond counsel on the sale of $89,485,000 in limited obligation bonds through the Public Educational Building Authority of the City of Mobile to refund capital outlay warrants issued by the Mobile School Board. The transaction will allow the Board to realize substantial financial savings in interest payments on the debt.

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