Key Virginia Lawmaker Slashes Road Bond Proposal

Vadum, Matthew
January 2005
Bond Buyer;1/13/2005, Vol. 351 Issue 32049, p32
Trade Publication
The article reports that Virginia House Appropriations Committee chairman Vincent F. Callahan has said that he will reduce the proposed level of transportation revenue bond issuance in his 10-year road-building plan to US$675 million from the US$5 billion figure as proposed earlier. However, he emphasized that his proposal to issue transportation bonds is in flux, and that the final amount of debt proposed to be sold under the plan could change.


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