Maryland County Eyes Sale, Considers New Bond Authority

Newman, Emily
November 2004
Bond Buyer;11/17/2004, Vol. 350 Issue 32012, p32
Trade Publication
The article reports on Howard County, Maryland's plan to seek government approval to establish a quasi-governmental authority to issue revenue bonds. The proposed agency would be able to sell bonds to buy or help improve parking garages near the Merriweather Post Pavilion, an outdoor amphitheater. A new Howard County authority could sell revenue bonds that would not add to the county's approximately $700 million general obligation debt burden. Meanwhile, Howard County is planning to sell $60 million of public improvement bonds and $4 million of metro district water and sewer bonds. Evergreen Capital LLC is financial adviser on the competitive sale, with Miles & Stockbridge as bond counsel.


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