...Sale Date: $25,000,000 General Obligation School Building Bonds (Utah School Bond Guaranty Program), Series 2017A, and $41,105,000 General Obligation Refunding Bonds (Utah School Bond Guaranty Program), Series 2017B (Crossover), via negotiation on Nov. 21, 2017. Security: General obligations (GOs) of Granite School District, payable from the proceeds of unlimited ad valorem property taxes levied on all taxable properties within the district. Payment of principal and interest on the series 2017A bonds and, following the June 1, 2020 crossover date, the series 2017B bonds is guaranteed by the full faith and credit and unlimited taxing power of the state under the provisions of the Utah School Bond Guaranty Act. Purpose: The series 2017A bonds will finance school construction and improvements. The series 2017B bonds will advance refinance, on a crossover basis, almost $47 million of outstanding GO school building bonds, series 2010 (federally taxable Build America Bonds) for interest savings....
