Buffalo Oversight Agency to Sell $27M for City, School Needs

Whalen, Robert
April 2006
Bond Buyer;4/17/2006, Vol. 356 Issue 32361, p4
Trade Publication
The article reports that Buffalo Fiscal Stability Authority (BFSA) will sell about 27 million of tax-exempt, fixed-rate bonds to help New York City's school district fund general capital projects. According to BFSA chief financial officer Bertha Mitchell, Lehman Brothers plans to price the debt. The bonds are baked by sales tax receipts and state aid allocated to the city of Buffalo. It will mature in 2022.


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