D.C. Still Planning $210M Tobacco Deal, But Mayor's Position Unclear

Vadum, Matthew
April 2006
Bond Buyer;4/10/2006, Vol. 356 Issue 32357, p3
Trade Publication
The article reports on the plan of the District of Columbia on the sale of 210 million dollars in tax-exempt tobacco-backed bonds despite the uncertain stand of Mayor Anthony Williams on the potential use of bond proceeds. This was disclose three days after the District Council gave preliminary approval to a plan of selling the tax-exempt subordinated zero-coupon bonds backed by tobacco companies.


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