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

Kinnander, Ola
March 2002
Bond Buyer;3/25/2002, Vol. 339 Issue 31351, p40
Trade Publication
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.


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