Court decision will block LIPA from collecting Lilco property tax rebates

Kruger, Daniel
March 1999
Bond Buyer;03/23/99, Vol. 327 Issue 30604, p3
Trade Publication
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.


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