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Schools Receive $400,000 Settlement

December 21, 2013
By JOSELYN KING Staff Writer , The Intelligencer / Wheeling News-Register

The Ohio County Board of Education announced Friday it received a $400,000 settlement in a lawsuit regarding 1997 school bonds that were not properly structured to be tax exempt, causing Ohio County Schools to pay the Internal Revenue Service a $330,000 penalty in 2011.

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