DALLAS -Lubbock, Tex., will pay for a long and wide-ranging list of capital improvements with the proceeds from next week's negotiated sale of $2.1 million of general obligation bonds and $84.5 million of tax and waterworks surplus revenue certificates of obligation.

The GO bonds are the fifth tranche from $30 million of GO bonds approved by voters in 2004. There are $14.6 million of authorized by unissued bonds remaining from the 2004 election.

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