CHICAGO — In its third marketing attempt, Milwaukee on Wednesday will competitively sell $38 million of taxable general obligation qualified school construction bonds in a deal that will wrap up the city’s planned issue of $50 million under the federal stimulus program.

Officials are hoping the third time is the charm due to the federal rule revisions on QSCBs that allow issuers to shed the tax-credit structure for a direct-pay interest subsidy.

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