Unique Ohio Financing Paves Way for Future Development

Carvlin, Elizabeth
July 2004
Bond Buyer;7/7/2004, Vol. 349 Issue 31920, p32
Trade Publication
Reports that the Dayton-Montgomery County Port Authority will sell to the Ohio Department of Transportation Infrastructure Bank of taxable development revenue bonds using a financing arrangement that could be employed in other transportation projects. Use of the proceeds of the sale to purchase acres of land along Interstate Highway between Cincinnati and Dayton; Expansion of the ability of the ports to use bond financing for economic development; Development of a Dayton Regional Bond Fund that uses the proceeds from bond sales to make loans for development projects.


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