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INDUSTRIAL DEVELOPMENT BONDS
12 Months Ended
Dec. 31, 2021
INDUSTRIAL DEVELOPMENT BONDS  
INDUSTRIAL DEVELOPMENT BONDS

NOTE 3—INDUSTRIAL DEVELOPMENT BONDS:

Industrial development bonds are due in 2027. The average floating interest rate, which is reset weekly, was 0.7% and 0.7% in 2021 and 2020, respectively. See Note 10 of the Company’s Notes to Consolidated Financial Statements for fair value disclosures.