ALAMEDA, Calif. — Holders of Chowchilla, Calif.’s 2005 lease revenue bonds will get their most recent interest payment, after the trustee emptied out the last of the debt-service reserve fund.

The financially strapped city chose not to appropriate its lease payments for the current fiscal year. Those payments backed $5.9 million of Chowchilla Public Financing Authority bonds that financed renovation of a commercial building into Chowchilla’s civic center.

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