TITLE

Polk Jail Debt Delay?

AUTHOR(S)
Shields, Yvette
PUB. DATE
January 2006
SOURCE
Bond Buyer;1/25/2006, Vol. 355 Issue 32305, p27
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the sales of $68 million of voter-approved bonds in Polk County, Iowa, may be delayed. Officials are working out how to cover debt service until the jail to be financed by the debt opens in 2008. They believe the debt can be repaid by using the money it would save by no longer having to pay to house overflow inmates in other jails. There would be no need to increase taxes. The sheriff's budget, however, does not include funds to cover repayment of the bond issue until the jail opens.
ACCESSION #
19724583

 

Related Articles

  • IMF Talks To Resume After Debt Swap.  // Latin America Monitor: Southern Cone Monitor;Jan2005, Vol. 22 Issue 1, p4 

    Reports on the expectation of the International Monetary Fund (IMF) to resume talks with Argentina in early 2005, following the close of the country's impending debt exchange deal. Suspension of the loan accord of the Argentine government with the IMF in August 2004; Reason for postponing the...

  • Dubai Debt: Bond Issue To Test The Market.  // Middle East Monitor: The Gulf;Dec2009, Vol. 19 Issue 12, p1 

    The article reports on the bond issue in Dubai, United Arab Emirates. The bond issues by the institutions linked in the government indicate a fairly positive outlook among investors on the country's repayment ability. Moreover, the move of property developer Nakheel to pay some of its debt...

  • THE DEBT FRENZY. Bosco, David // Foreign Policy;July/Aug2007, Issue 161, p36 

    This article examines the actions of investment firms that are snatching up the poor world's debt. They buy the debts and make a profit by forcing debtor states to pay. Activists say they are vultures preying on the poor but this author says they are doing what the financial community is unable...

  • Issuers Add $1.4 B to Bond Queue. Sheahan, Matthew // High Yield Report;5/6/2013, p26 

    The article reports on the issuance of bonds totaling 1.409 billion U.S. dollars by four companies as of May 2013. U.S. satellite radio broadcaster Sirius XM Radio has issued senior notes worth 500 million dollars for debt repayment and other purposes. United Continental Airlines has launched...

  • Foresight Energy Plans $600M TLB. Sibayan, Karen // High Yield Report;8/12/2013, p30 

    The article reports on energy services provider Foresight Energy's plan to issue a 600 million U.S. dollar term loan B (TLB) due 2020 with Citigroup leading the debt according to KDB Investment Advisors. It adds that the company is also planning to issue 500 million U.S. dollars in new senior...

  • Vultures' Pari Passu Claims Quashed. Hintze, John // High Yield Report;4/28/2003, Vol. 14 Issue 17, p1 

    Reports on the U.S. court ruling on a case involving fiscal agency agreements in loan contracts. Inclusion of general unsecured and unsubordinated debt in the contracts; Litigation between vultures and issuers; Disputes over bonds and bank loan contracts.

  • FORM: F-10: Your Debts.  // Credit Repair;Jun2013, pF13 

    A form for the calculation of debt including mortgage, motor vehicle loan and other personal loans, monthly payments and balance, is presented which appears in the book "Credit Repair." The required information includes the name of the consumer and other details.

  • Dallas Prepares to Issue $230 Million of Bonds Prior to November Vote. Watts, Jim // Bond Buyer;10/24/2006, Vol. 358 Issue 32493, p36 

    The article reports on the issuance of $230.2 million in general obligation (GO) bonds just two weeks before the November elections in Dallas, Texas. The city will allow $40.2 million in authorized but unissued debt from the past GO bond elections. The bonds are intended to build homeless...

  • Corporations Balk At Loan Trading. Santini, Laura // Investment Dealers' Digest;4/14/2003, Vol. 69 Issue 15, p9 

    Reports on the trend of chief financial officers to opt for deals that combine bond offering with bank debt. Withdrawal of companies from entering single deals in which participating firms can withdraw following the completion of credit facility; Ways adopted by companies to reduce their own...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics