Board OKs Bonds

McDonald, Michael
December 2004
Bond Buyer;12/20/2004, Vol. 350 Issue 32033, p29
Trade Publication
The article reports that New York State Public Authorities Control Board on Wednesday approved the sale of $882.4 million of bonds, including $461 million of refunding bonds, a $30 million combined new money refunding, and $391 million of new money. The board approved six bond sales for the New York State Dormitory Authority, including up to $70 million of bonds for a new residential project the authority is doing with Educational Housing Services Inc. for City College of New York. The bond sale will fund a non-recourse loan to the company, which will construct and operate the residence. The board approved three deals for the New York State Housing Finance Agency, including a $310 million personal income tax revenue bond refunding.


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