It's a New Day ; City's Success with Bond Issues Testifies to Much Improved Finances
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Summary
It wasn't that long ago that the idea of big-time investors competing for the right to lend the City of Buffalo millions of dollars -- and offering rock-bottom interest rates to boot -- would have been dismissed as a fantasy.
But this month the city felt confident enough in the attractiveness of its bond issues to offer them for sale on the open market. And city officials' faith -- and their long efforts at fiscal reconstruction -- were rewarded.See the full content of this document
Extract
It's a New Day ; City's Success with Bond Issues Testifies to Much Improved Finances
Two issues totaling $27.6 million, money the city uses to finance improvements to parks, schools and other public facil...
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