Highland Park, Ill., to Vote on Pension Bond Recommendation

Carvlin, Elizabeth
November 2004
Bond Buyer;11/8/2004, Vol. 350 Issue 32006, p36
Trade Publication
Reports on the Highland Park, Illinois, City Council's plans to vote on a recommendation to issue $16.6 million of taxable general obligation bonds and invest the same amount in bonds issued by the village of Northbrook in order for both suburbs to use proceeds from privately placed bonds for pension obligations. Structure of the deal; Plans of the two suburbs in the event of a drop in bond ratings.


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