N.Y.C. Plans MAC Deal In Early June

McDonald, Michael
May 2004
Bond Buyer;5/25/2004, Vol. 348 Issue 31891, p1
Trade Publication
Reports on the plan of New York City government to sell the first half of its $2.5 billion MAC refinancing through the Sales Tax Asset Receivable Corp. in June and July of 2004. Review of Mayor Michael Bloomberg's proposed financial plan through hearings; Legal challenge filed by New York Governor George Pataki's administration and the Local Government Assistance Corp. to prevent the deal.


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