TITLE

ESDC Panel Clears $160M in Ballpark Bonds

AUTHOR(S)
Whalen, Robert
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/26/2006, Vol. 356 Issue 32368, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the New York City- based company Empire State Development Corp. has gave its preliminary approval for up to 160 million dollars of state-backed bonds to finance parking facilities for the stadiums planned for the Major League Baseball's teams Mets and Yankees. In addition to state-backed bonds, officials with the baseball teams and the New York City Industrial Development Agency are waiting for clearance from the Internal Revenue Service to sell tax-exempt debt.
ACCESSION #
20708078

 

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