TITLE

Bonds for privately built, state-owned toll road in Virginia ready for sale

AUTHOR(S)
Meisler, Daniel
PUB. DATE
June 1998
SOURCE
Bond Buyer;06/18/98, Vol. 324 Issue 30417, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the construction of a state-owned but privately built highway on the South of Richmond, Virginia using $348 million of toll revenue bonds issued by the Pocahontas Parkway Association. Provision of Virginia's 1995 Public-Private Transportation Act; Advantages of allowing the partnership of private developers and state; Division of the bonds into three tiers.
ACCESSION #
987422

 

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