Tennessee County Issuing $96 Million, Then Taking a Break

DeSue, Tedra
July 2004
Bond Buyer;7/19/2004, Vol. 349 Issue 31928, p7
Trade Publication
Reports that Shelby County, Tennessee is selling its tax anticipation notes that are due on June 30, 2005. Use of the proceeds to provide cash flow for the county in anticipation of tax revenues and to fund debt service; Reason why no further long-term bonding is needed; County's funding of capital projects with extendable commercial paper notes.


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