Posts Tagged ‘local government borrowing’

Security for a Local Government Loan

Monday, January 27th, 2014

May a unit pledge town hall as security for an installment finance loan, where the borrowed monies will be used to fund road and sidewalk construction and improvements? If a municipality issues revenue bonds to fund an expansion to its water system, may it repay the loan with general fund monies? May a county pledge […]

Debt Financing Primer: Enhanced Security for Project Development Financings

Thursday, February 23rd, 2012

Blight City is looking to revitalize a portion of its downtown. Over the past ten years the area has fallen into disarray and contains many abandoned, dilapidated buildings. Working with a couple of local developers, the city has developed plans to purchase and demolish one of the buildings and construct a large parking garage in […]