W. Va. Agencies Make Headway With Development Project

Newman, Emily
August 2003
Bond Buyer;8/29/2003, Vol. 345 Issue 31709, p4
Trade Publication
Reports that the two West Virginia state agencies, Parkway Authority (PA) and Housing Development Fund (HDF), moved a step closer on August 28, 2003 to a potential 12 million dollar note sale to help fund an Ohio County, West Virginia development project that was approved to receive state grant money early in August 2003 but is still awaiting funding. Resolution adopted by the board of the PA to buy general obligation notes; Decision of the HDF to sell the notes to the PA; Plans of the HDF for the proceeds of the debt sale; Impact of the chronic legal problems with state grants; Reasons for uncertainty over the debt sale.


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