Proposal Would Give Michigan Municipal Issuers More Flexibility

Carvlin, Elizabeth
May 2001
Bond Buyer;05/18/2001, Vol. 336 Issue 31142, p4
Trade Publication
Reports on a proposed revision of Michigan's 1943 Municipal Finance Act that would give some local governments additional flexibility in issuing bonds and provide leeway in using short-term debt and negotiated rather than competitive sales. Requirement of municipalities to submit an application and submit to a financial review by the state treasurer each time debt is issued.


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