DALLAS — In an unusual combination of financings, the Tarrant Regional Water District in Fort Worth will issue $295 million of bonds in two deals for a $2.3 billion water pipeline from East Texas.

A negotiated $161 million deal, expected in the first week of February, will coincide with a $134 million competitive sale under the name of the TRWD but backed by Dallas, a partnerin the 150-mile project that will reach from Tarrant County to Lake Palestine.

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