New York City Mayor Refutes Report of OTB-Backed Bonds

McKaig, Ryan
February 2002
Bond Buyer;2/20/2002, Vol. 339 Issue 31328, p4
Trade Publication
Reports that New York City mayor Michael Bloomberg denied that the city administration is considering a plan to sell bonds backed by future revenues from the city's Off-Track Betting Corp. (OTB) as of February 19, 2002. Comments of Bloomberg's spokesman on the issue; Former mayor Rudolph W. Giuliani's plan for the sale of the city's OTB franchise to generate funds; Details of Bloomberg's budget proposal for the fiscal year 2002.


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