N.C. Panel OKs $338M for Health Facilities

DeSue, Tedra
June 2004
Bond Buyer;6/16/2004, Vol. 348 Issue 31906, p5
Trade Publication
Reports that the North Carolina House Finance Committee has passed a legislative bill to allow the state to sell $338 million of debt for university health facilities. Debt will be paid by transfers from trust funds financed by the state's share of the 1998 Master Settlement Agreement with tobacco companies; Special indebtedness securities; Non-voter approved debt that is secured solely by an interest in state property being acquired or improved.


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