Public-Private Plan

Carvlin, Elizabeth
December 2004
Bond Buyer;12/29/2004, Vol. 350 Issue 32039, p23
Trade Publication
The article reports that a newly elected state lawmaker in South Dakota has said that he plans to introduce legislation to create a development district similar to those used in Missouri that allow for public funds to be used in conjunction with private projects. According to a report in the Rapid City journal, Alan Hanks, representative from Rapid City, South Dakota said that he would introduce legislation to create a development district that would capture local tax revenue to back debt to fund the public portion of development.


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