TITLE

Philadelphia Eyes Surety Bond Instead of Water, Sewer Fund

AUTHOR(S)
D'Ambrosio, Jill
PUB. DATE
April 2004
SOURCE
Bond Buyer;4/27/2004, Vol. 348 Issue 31871, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the proposal mulled by the City Council to replace its water and sewer debt service reserve fund with a surety bond in Philadelphia, Pennsylvania. Proposal of the idea as part of the fiscal 2005 operating budget of mayor John Street; Economic development investment fund included in the budget proposal; Anticipation of the city to sell water revenue bonds in a negotiated sale to be led by Siebert Brandford Shank & Co.
ACCESSION #
12946317

 

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