TITLE

Court decision will block LIPA from collecting Lilco property tax rebates

AUTHOR(S)
Kruger, Daniel
PUB. DATE
March 1999
SOURCE
Bond Buyer;03/23/99, Vol. 327 Issue 30604, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the New York State Supreme Court's ruling that the Long Island Power Authority (LIPA) does not have the right to collect $800 million in property tax rebates that had been owed to the Long Island Lighting Company. LIPA's offer of a $625 million settlement on the property taxes; LIPA's debt issuances.
ACCESSION #
1685406

 

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