Troubled D.C.-Area Water-Sewer Agency Hopes to Put Projects Back on Track

Newman, Emily
July 2004
Bond Buyer;7/19/2004, Vol. 349 Issue 31928, p4
Trade Publication
Reports that Washington Suburban Sanitary Commission finance officials are optimistic that its plans to issue debt will not be affected despite intra-agency disputes that have delayed several capital projects. Reason for the dismissal of general manager John Griffin and his deputy, Michael Errico; Impact of delays on capital projects; Commission's sale of bond anticipation notes in June 2004 as part of its annual program.


Related Articles

  • N.Y. Health Agency Under the Gun for Technical Default. Albano, Christine // Bond Buyer;9/17/2001, Vol. 337 Issue 31224, p10 

    Focuses on the liabilities of the New York Department of Health. Failure of the health agency pay rental fees; Reasons for the indebtedness of the agency; Depreciation of bonds in the secondary market.

  • Florida Approves $130M of Debt for Tampa Expressway. Shigo, Shelly // Bond Buyer;4/14/2004, Vol. 348 Issue 31862, p4 

    Reports on the approval of the sale of revenue bonds for the Tampa-Hillsborough County Expressway Authority by the Florida cabinet. Role of the cabinet in approving the state's debt sales; Significance of the sale to complete the project.

  • Erie County, N.Y., Will Meet With Control Board to Settle on Ban Plan. Phillips, Ted // Bond Buyer;8/29/2008, Vol. 365 Issue 92951, p3 

    The article reports that the Erie County, New York and the Erie County Fiscal Stability Authority will meet to settle on bond anticipation notes for the county. The new agreement allows either of the entity to sell the Bans more cheaply. The authority's director Kenneth Vetter perceives that the...

  • Chicago's MetPier Stays Afloat Thanks to State Backup Pledge. Shields, Yvette // Bond Buyer;7/13/2005, Vol. 353 Issue 32173, p1 

    Reports that the Chicago, Illinois-based Pier and Exposition Authority has met its debt service payment on its convention center expansion bond issue with tourism tax revenue. Worth of the debt service; Agency's expectation that it may need several million dollars in state sales tax revenue to...

  • DISTRICT OF COLUMBIA: MWAA Sets $1.3B Issue. Temple-West, Patrick // Bond Buyer;7/13/2009, Vol. 369 Issue 33147, p9 

    The article reports on the move of the Metropolitan Washington Airports Authority to issue up to $1.3 billion of Dulles Toll Road revenue bonds in Washington, D.C. It states the deal is one of the first steps on financing a $5.2 billion project to connect the Washington Metrorail system to...

  • Red Tide. Maggs, John // National Journal;7/21/2007, Vol. 39 Issue 29, p4 

    The article reports on the increase in the foreign holdings of U.S. Treasury debt between 2003 and 2006 according to figures released by the Congressional Budget Office. It notes that 19 percent of Treasury bills were purchased by China. It mentions that foreigners bought $1.2 trillion in bonds...

  • With Triple-A, Nassau County IFA to Refund $605M of ARS This Week. Phillips, Ted // Bond Buyer;5/12/2008, Vol. 364 Issue 32876, p3 

    The article reports on the plan of Nassau County, New York Interim Finance Authority (NIFA) to refund $605.1 million of auction-rate securities (ARS). The bonds will be sold as variable-rate demand bonds in five series with maturities out to 2025. This will restructure about $7 million of the...

  • South Carolina Tobacco Authority Set to Issue $300M of Refunding Debt. DeSue, Tedra // Bond Buyer;6/19/2008, Vol. 364 Issue 32903, p6 

    The article reports on the plan of the South Carolina Tobacco Settlement Revenue Management Authority to sell nearly $300 million of refunding debt on June 20, 2008. The proposed bond sale is partly structured to save the state money and is expected to reach $298.3 million in sales. The public...

  • Texas Senators OK Rail Debt-Service Stream. Albanese, Elizabeth // Bond Buyer;2/24/2003, Vol. 343 Issue 31578, p4 

    Reports on the approval of a plan to use $15 million of job-training funds to service debt by Texas Senate Finance Committee. Utilization of the proceeds from rail bonds; Option to finance rail projects by issuing revenue bonds.


Read the Article


Sign out of this library

Other Topics