Palo Alto, Calif., voters shoot down bond-backed plan to buy cable system

Marois, Michael B.
February 1998
Bond Buyer;02/19/98, Vol. 323 Issue 30334, p27
Trade Publication
Reports that the Palo Alto, California city council has rejected a plan that would have allowed the city to take control of the debt-laden cable television cooperative Cable Co-op by issuing municipal bonds through a joint powers authority. Reason for the rejection; Areas served by the cooperative; Renewal of the city's franchise license in March 1998.


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