TITLE

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

AUTHOR(S)
Vadum, Matthew
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/10/2006, Vol. 356 Issue 32357, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
20464049

 

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