Columbus Library Funding Notes Sell Out
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Columbus Metropolitan Library, 2010’s LJ Library of the Year, launched its Library Fund Library Facilities Notes Sale on Nov. 15, 2012, to help fund its 2020 Vision Plan. Notes are a shorter-term, more flexible debt instrument than bonds, and can be sold in smaller amounts. The notes sold out in three hours, the library said in a statement, with three times as much interest than the amount of notes available.
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