Las Vegas Monorail Woes Likely To Delay Expansion Bonds for a Year

Kelemen, Jasmina
September 2004
Bond Buyer;9/30/2004, Vol. 349 Issue 31980, p37
Trade Publication
Reports that the continuing closure of the Las Vegas Monorail Co. has delayed plans to issue bonds to finance the surrounded transit system expansion in Nevada. Statement of Terry Cordell, chief financial officer of Regional Transportation Commission of Southern Nevada, on the development of the transit system by the Federal Transit Administration; Estimated cost of the expansion; Causal factor for the closure of the company.


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