Indiana City OKs Bond Bank Issue as County Closes on Steel Company Pact

Carvlin, Elizabeth
June 2004
Bond Buyer;6/3/2004, Vol. 348 Issue 31897, p38
Trade Publication
Reports on the Portage City Council's approval of a tax anticipation warrant borrowing through the Indiana Bond Bank. Financial downturn experienced by the Porter County which started with troubles in the steel industry in 1999; Porter County officials' expected settlement with the last steel company to challenge earlier taxes; Decline in the county's tax revenue when Bethlehem Steel and National Steel declared bankruptcy.


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