TITLE

San Diego Redevelopment Agency's $109M Deal Stands on Its Own

AUTHOR(S)
Saskal, Rich
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/7/2006, Vol. 356 Issue 32397, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the $109 million bond issue which the San Diego redevelopment agency in San Diego, California is looking into despite the investigations due to the city's bond disclosure practices and have effectively removed the city from public debt markets. The agency will sell multi-million dollars in tax-exempt subordinate tax allocation bonds and taxable tax allocation housing bonds and defends that the bond issue is an enterprise fund and a separate credit from the city.
ACCESSION #
21160548

 

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