The Internal Revenue Service has notified the Metropolitan Water Reclamation District of Greater Chicago that it has closed an audit without changing the tax-exempt status on $346.6 million of general obligation refunding bonds and $50.79 million of GO refunding bonds limited-tax series issued in May 2006.

The IRS notified the district of the audit closure in a May 8 letter and the district disclosed the IRS letter in an event notice the district filed with the Municipal Securities Rulemaking Board’s online EMMA system.

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