Muskegon County's $39M bond sale for jail may be state's biggest after Detroit bankruptcy | MLive.com:"MUSKEGON, MI – Muskegon County’s financing for the new Jail and Juvenile Transition Center could set an important precedent for municipal bond sales across Michigan.
Muskegon County Commissioners, who earlier gave the go-ahead for staff to negotiate a bond sale, on Tuesday, Sept. 10 approved a final sale.
At an Oct. 2 closing, the county will sell nearly $39 million in 20-year bonds, with a fixed rate of 4.75 percent, to the Huntington Investment Co."Much more to come on this "Detroit style" scam.
The lies will come out!
No comments:
Post a Comment