CHICAGO -- Illinois officials have decided to change an upcoming $110 million competitive Build Illinois revenue bond issue to an approximately $210 million negotiated issue after Dean Witter Reynolds came up with a plan to refund some outstanding debt.

Arnold Kanter, chief counsel to Gov. Jim Edgar, said the decision reflected the administration's goal of keeping the door open to new financing ideas despite the fact the approximate amounts and types of bond issues for the current fiscal year, which began July 1, were set earlier this year.

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