TITLE

Due to New Property Tax Cap, Indianapolis Bank Plans Short-Term Sale in Fall

AUTHOR(S)
Carvlin, Elizabeth
PUB. DATE
July 2006
SOURCE
Bond Buyer;7/24/2006, Vol. 357 Issue 32429, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of the Indianapolis Local Public Improvement Bank to bring a short-term financing deal to market in the fall of 2006. It is an attempt to avert the impact of long-term bonds trading at a less desirable rate. There is a new state law capping property taxes in the state.
ACCESSION #
21699062

 

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