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The Boston Globe

North

Shore Country Day School begins work on $15 million arts center

Shore Country Day School has received $12.5 million in tax-exempt bonds to help build a new arts center for its Beverly campus.

The funding came from MassDevelopment, the state’s finance and development agency that works with businesses and nonprofits to help stimulate economic growth. The bonds were purchased by East Boston Savings Bank, which helped facilitate the loan.

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