Revised Virginia Ballpark Plan to Lure Expos Includes Mostly Taxable Debt

Vadum, Matthew
June 2004
Bond Buyer;6/22/2004, Vol. 348 Issue 31910, p25
Trade Publication
Reports on the plan to sell 418 million dollars of 30-year municipal bonds to finance for a professional baseball stadium by the Virginia Baseball Stadium Authority in Virginia. Role of the Richmond-based Virginia Resources Authority to sell the bonds; Function of the state of Virginia to rebate the taxes collected regarding the stadium; Issuance of tax-exempt bonds backed by the recapture of state sales and use taxes and other taxes.


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