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O. What If a county has already had a bond referendun but has not yet <br /> issued the bonds authorized? <br />A. The county may either proceed to issue the bonds in the open markets, <br /> or, in its discretion, enter into a loan agreement with the State <br /> Treasurer, whichever is in the best interest of the county. <br /> <br />O. Can a county get more than one loan? <br />A. Yes - depending on availability of the re~aining balance in the public <br /> school facilities loan fund. <br /> <br />Q. Will the pro?an end when all the St ate bond proceeds have been .loaned <br /> to the counties? <br />A. Yes ~ unless the need extends beyond that time and the General Assembly <br /> authorizes its continuation and the issuance of additional State bonds <br /> to be approved by the voters. <br /> <br /> <br />