TITLE

S. D. Tobacco Deal Advances

AUTHOR(S)
Saskal, Rich
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/10/2006, Vol. 355 Issue 32317, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the San Diego City Council's approval to a plan for a $105 million securitization of the city's revenue from the master settlement with the tobacco industry in California. The plan would provide money for the city's underfunded employee pension fund by securitizing the $10.3 million the city receives annually from the MSA.
ACCESSION #
20281559

 

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