TITLE

A Commitment to Deficits

AUTHOR(S)
Kelemen, Jasmina
PUB. DATE
November 2004
SOURCE
Bond Buyer;11/19/2004, Vol. 350 Issue 32014, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses the report from Alameda County auditor-controller Patrick O'Connell which suggested that the city of Oakland and Alameda County, the government landlords of the National Football League team Oakland Raiders in California, are likely to remain financial losers. Expiration of the personal seat licenses many season-ticket holders purchased before the team was moved back to Oakland from Los Angeles in 1995; Likely insufficient renewal rate to stem the financial losses suffered by Oakland and Alameda; Expected decrease in the debt service burden if a personal seat license remarketing plan become successful.
ACCESSION #
15148016

 

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