The San Diego Area Housing and Finance Agency has settled a tax dispute with the Internal Revenue Service over $82 million of "lease-to-own" bonds issued in 2001, according to a municipal disclosure notice the agency issued late Thursday.

The notice did not disclose the terms of the settlement, which usually involves a payment made to the IRS in exchange for protection of the tax-exempt status of the bonds. Under the settlement, the bonds remain tax-exempt.

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