Roadblock to Self-Issuing

Murphy, Gavin
May 2002
Bond Buyer;5/6/2002, Vol. 340 Issue 31380, p1
Trade Publication
Reports the denial on the request of Orlando-Orange County Expressway Authority to issue revenue bonds in Orlando, Florida. Amendment of the bond validation request; Issuance of debt to the Division of Bond Finance; Failure of gaining authorization.


Related Articles

  • N.J. Court to Rule On Contract Debt. Braun, Martin Z. // Bond Buyer;8/21/2002, Vol. 341 Issue 31454, p5 

    Reports the decision of the Supreme Court on the issuance of state contract bonds in New Jersey. Authorization of the Economic Development Authority on contract debt sale without voter approval; Lawsuit filed by Bogota Mayor Steven Lonegan against the state; Definition of the debt limitation...

  • Tax Ruled Legit. Sigo, Shelly // Bond Buyer;9/29/2005, Vol. 353 Issue 32228, p31 

    Reports on the ruling of Circuit Judge Caryl Privett that Jefferson County, Alabama has legally instituted a one-cent sales tax and used the proceeds to secure $1 billion in school warrants similar to bonds. Basis of Privett in issuing the summary judgment; Value of limited obligation school...

  • California POB Deal Likely Foiled Again. Saskal, Rich // Bond Buyer;11/15/2005, Vol. 354 Issue 32259, p1 

    Reports on the issuance of a tentative oral ruling by Supreme Court Judge Raymond Cadei that California's proposed pension obligation bonds were not valid. Basis of the ruling; Response of the state government to the decision; Allocation of the proposal.

  • Business as Usual While Awaiting the Court. DeSue, Tedra // Bond Buyer;3/28/2007, Vol. 359 Issue 32596, Special section p33 

    The article reports on the business operation in Kentucky that continues, while the case involving taxation of interest paid by bonds from other states awaits decision. It is stated that it could affect the revenue of the state, if taxing out-of-state bonds will be ruled out as unconstitutional....

  • Orleans Levee District Warns Of Bankruptcy Due to Lawsuits. DeSue, Tedra // Bond Buyer;12/1/2006, Vol. 358 Issue 32519, p3 

    The article reports that the Louisiana State Bond Commission has been warned by Orleans levee district that the former could be forced to file for protection from bankruptcy due to lawsuits. Before taking a vote on the district's request, the members of the commission have agreed to consult...

  • Mixed Signals on Bonds, Fun in Boston. Mulroy, Gene J. // njbiz;8/2/2004, Vol. 17 Issue 31, p16 

    Comments on the New Jersey Supreme Court ruling banning the McGreevey administration of borrowing funds to balance the state budget. Significance of the ruling to taxpayers; Overview of the state government's move to sell bonds against future tax revenue; Move of credit rating agencies on the...

  • EASTERN.  // Business North Carolina;Sep2004, Vol. 24 Issue 9, p12 

    Presents news briefs on business enterprises in the eastern region of North Carolina as of September 2004. Amount that will be spent by Goodyear to upgrade its Kelly-Springfield plant in Fayetville; Plans for the proceeds from state bond issued by EasternNC Natural Gas; Court ruling on the...

  • CALIFORNIA: No Appeal for POBs. Saskal, Rich // Bond Buyer;7/6/2007, Vol. 361 Issue 32665, p9 

    The article reports on the plan of the Californian government to stop issuing pension obligation bonds (POB) after it experienced defeat at the Court of Appeals. The Court of Appeals ruled that the plan to issue more than $500 million of POBs violated a state constitutional prohibition which led...

  • Debt of State Authority's Subsidiary Considered Tax-Exempt, IRS Rules. McConnell, Alison L. // Bond Buyer;9/8/2006, Vol. 357 Issue 32462, p5 

    The article discusses on the Internal Revenue Service (IRS) ruling on tax exemption in bonds issued by a subsidiary of a state authority. The IRS ruled that such bonds would be considered tax exempt. The authority in question produces, transmits, and generates electricity for state residents and...


Read the Article


Sign out of this library

Other Topics