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State College School District Settlement
3/3/2013
 
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State College Area School District is paying out millions for a settlement with a Canadian Bank.  The Centre Daily times says the school paid out 6 million of it's total 9 million dollar settlement Friday.  The lawsuit filed by the school for extending a termination fee with the Royal Bank of Canada.  The school is hoping to make an interest rate swap with the bank leaving the school with three million more to pay out over the next five years.

 

  
 
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