States weigh mass transit Garvee debt

Kinnander, Ola
February 1999
Bond Buyer;02/19/99, Vol. 327 Issue 30582, p1
Trade Publication
Focuses on the sale of Garvee bonds backed by future federal transportation grants by market participants in the United States to finance mass transit. New Jersey's plan to sell $150 million in debt to buy new buses; Plan by a Southeast regional transit authority to sell such bonds; Impact of the passage of the Transportation Equity Act for the 21st Century.


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