S.D. Advances Tobacco Sale

Saskal, Rich
April 2006
Bond Buyer;4/28/2006, Vol. 356 Issue 32370, p43
Trade Publication
The article reports on the approval of Mayor Jerry Sanders' plan by the San Diego City Council to securitize the city's tobacco master settlement receipts with a bond issue. The tobacco bond deal is designed to infuse money into the pension fund, as part of a deal the city made with public employee unions in return for some contract concessions.


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