Abstract
On November 18, 1987 we broke ground for the new main library building in Tucson, Arizona. A creative financing strategy involving the sale and leaseback of city‐owned buildings to the Tucson Local Development Corporation (a quasi‐public/nonprofit corporation) forms part of the complex financing plan developed to fund the library's construction. Other components of the plan include $15 million in general obligation bonds authorized by Tucson's voters in May 1984, economic development funds available to the City, and interest earnings.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
