Virginia Road Plan Could Spur $1.2B

Vadum, Matthew
March 2006
Bond Buyer;3/6/2006, Vol. 355 Issue 32332, p4
Trade Publication
The article reports that the plan of the Republican Party to try to alleviate rapidly growing traffic congestion problems in Washington State would lead to the issuance of $1.2 billion in municipal bonds over 10 years. The package would lead to less than $200 million in municipal bond issuance in the fiscal 2007-2008. The plan calls for the creation of two revolving loan funds for transportation projects in northern Virginia and Hampton Roads.


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