Michigan School District Enters Lease Agreement to Back Market-Bound COPs

Carvlin, Elizabeth
April 2002
Bond Buyer;4/3/2002, Vol. 339 Issue 31357, p5
Trade Publication
Reports on the lease agreement between Grand Rapids Public Schools and Rockford Construction Co. to upgrade aging schools in Michigan. Role of Fahnestock & Co. as the underwriter of the deal; Realization of historic preservation and tax increment financing; Avoidance of seeking additional bonding authority by a referendum.


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