Click on the post for the data presented for municipal bond financing for the Lake Leota project----
It is deceptive on its face.
Show me the muni bond that will be financed for 20 years for a millpond when the states all across this country cannot finance ESSENTIAL basic operating costs through municipal borrowing-----
This bond will be financed--- if at all---- for 10 years and the tax impact will be higher per year than projected----
Count on it.
If you disagree---send the statement from the financial consultants like Ehlers and Associates that guarantee a placement for a 10 year muni bond.
Tuesday, October 21, 2008
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