TITLE

Nassau County, N.Y'S Proposed Tobacco Deal Draws NIFA Criticism

AUTHOR(S)
Whalen, Robert
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/8/2006, Vol. 355 Issue 32334, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Nassau County Interim Finance Authority (NIFA) in New York, opposes the Long Island country's plan to sell $120 million of tobacco bonds to come up with money to help the Nassau Health Care Corp. According to NIFA, an operational need does not justify long-term borrowing. It also believes that the county's plan for providing aid to the health care corporation lacks specificity.
ACCESSION #
20255821

 

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