TITLE

Seattle Trust Seeks to Use Tax-Free Bonds to Buy Land

AUTHOR(S)
Kinnander, Ola
PUB. DATE
March 2002
SOURCE
Bond Buyer;3/25/2002, Vol. 339 Issue 31351, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the efforts of the Evergreen Forest Trust to use tax-free bonds to finance the purchase of timberland in Seattle, Washington. Violation of the private-activity bond restriction in the tax code; Preservation of the sensitive areas near rivers and steep riverbanks; Use of the revenues from the logging operations for charitable purposes.
ACCESSION #
6695221

 

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