Seattle Monorail Project Puts Off $1B Sale to Tie Up Costs, Legislation

Williams, Rochelle
March 2003
Bond Buyer;3/10/2003, Vol. 343 Issue 31589, p31
Trade Publication
Reports that the billion dollar bonds that were expected to finance the Seattle Monorail Project would be priced in early 2004. Purpose behind the postponement of pricing the bonds; Tax that is expected to raise multi-billion dollars to pay for the bonds; Attempt by the legislature to clarify technical language pertaining to the tax.


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