As art sale wraps up, Valparaiso University asks city to issue up to $117 million in bonds

As art sale wraps up, Valparaiso University asks city to issue up to $117 million in bonds

Valparaiso University is asking for the city's help in borrowing money. The university is asking the city to issue up to $117 million in tax-exempt revenue bonds that the university can't legally issue on its own — although the university expects the final amount will end up being closer to $55 million.