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Skidmore seeks to refinance debt through county agency

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Skidmore College is asking the Saratoga County Capital Resource Corp. for support in refinancing about $41.5 million in existing debt. The Capital Resource Corp. scheduled a meeting for April 2 to vote on the application from the private college. Skidmore wants to refinance the $13.4 million balance on bonds taken in 2003 through the Saratoga County Industrial Development Agency, as well as nearly $28 million in 2004 bonds issued by the state Dormitory Authority. College ...

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