Lawsuit Could Delay Opening of Bond-Funded Arkansas Jail

Albanese, Elizabeth
June 2006
Bond Buyer;6/28/2006, Vol. 356 Issue 32412, p40
Trade Publication
The article reports on the possible delay in the opening of the bond-funded jail for Saline County, Arkansas if the U.S. District Court Judge Lanny Fite will rule in a legal verdict against the opening of the jail. County officials were forced to go to the polls three times to win approval for the $8.1 million facility, losing sales tax elections to back bonds and finance operations in 2001 and 2002. The facility is scheduled to be completed in October 2006.


Related Articles

  • N.J. Bill Approval May Mean $1.1B Transportation Refunding. Braun, Martin Z. // Bond Buyer;11/28/2001, Vol. 338 Issue 31273, p43 

    Reports on the approval of a legislation in the New Jersey Senate regarding refunding bonds issued by the Transportation Trust Fund Authority. Exclusion of the refunding bonds from the state's annual debt limit calculations; Benefits to the state from the possible sale of refunding bonds;...

  • N.J. Tobacco Corp. Seeks Bidding Agent for Upcoming Refunding. Hanson, Matthew // Bond Buyer;12/20/2006, Vol. 358 Issue 32532, p7 

    The article reports that New Jersey-based Tobacco Settlement Financing Corp. (TSF) has invited proposals from bidding agents for its upcoming bonds refunding on December 18, 2006. Proposals that meet the minimum requirements will be evaluated by a committee and TSF is looking for a firm to...

  • Bill Would Boost RZ Program. Schroeder, Peter // Bond Buyer;5/24/2010, Vol. 372 Issue 33321, p1 

    The article reports on the implication of the American Jobs and Closing Tax Loopholes Act that would double in size to 50 billion wherein Build America Bonds (BABs) could be utilized for current refundings of existing BABS in the U.S. It notes that the recovery zone bond program allows the...

  • MICHIGAN: Foiled Hospital to Try Again. Devitt, Caitlin // Bond Buyer;11/26/2008, Vol. 366 Issue 33012, p9 

    The article reports on the approval of a measure by the Kalamazoo City Commission for Bronson Methodist Hospital to refund up to $215 million in revenue bonds. The bonds will be issued through the Kalamazoo Hospital Finance Authority. Proceeds of the deal will be used to refund two series of...

  • Comment on Recent Cases. A.M.K. // California Law Review;Sep18, Vol. 6 Issue 6, p444 

    Comments on the decision of the Supreme Court on the case, The Crocker National Bank of San Francisco versus Byrne & McDonnell over the negotiability of bonds in California and the negotiable instruments law. Implications of the term negotiability; Role of the doctrine of stare decisis in the...

  • Debt Appeal Brief Filed. Cataldo, Adam L. // Bond Buyer;11/21/2005, Vol. 354 Issue 32263, p37 

    Reports on the filing of a debt appeal brief by the government of New Jersey relating to a decision blocking a portion of its proposed tobacco bond refunding deal. Details of the brief; Opponents of the transaction; Citation of the state's law on deficit financing.

  • Lafayette, La., Utility's Planned $125M Deal Would Be Illegal, Judge Rules. Desue, Tedra // Bond Buyer;8/14/2006, Vol. 357 Issue 32444, p4 

    The article reports on the circuit court decisions for the case filed by Elizabeth Naquin, a taxpayer, regarding the legality of selling $125 million bonds by Lafayette Utilities System in Louisiana. The Third Circuit Court of Appeals judge had ruled in favor of Naquin by citing that the bond...

  • California Appeals Court Upholds Lease Revenue Bond Ruling. Saskal, Rich // Bond Buyer;3/31/2009, Vol. 367 Issue 33089, p3 

    The article reports on the move of the California Third District Court of Appeal to uphold a lower court decision supporting the state's ability to issue lease-revenue bonds. It says that the issue concerns the 2007 legislation authorizing more than $7 billion of lease-revenue bonds to add...

  • Minnesota and Vikings Bond Opponents Fine Tune State Supreme Court Legal Briefs. Shields, Yvette // Bond Buyer;1/17/2014, Vol. 123 Issue F303, p1 

    The article discusses a court case decision of the Minnesota Supreme Court against lawyers and group of citizens of the Department of Minnesota Management and Budget for selling bonds of the Minnesota Vikings stadium. It mentions that the court set a deadline for submission of memorandum on...


Read the Article


Sign out of this library

Other Topics