Community Facilities Act of 1959: Hearings Before Subcommittee No.1 of the Committee on Banking and Currency, House of Representatives, Eighty-sixth Congress, First Session, on H.R. 5944 ... |
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Page 11
... revenue bonds , airport and water issues which are not full faith credit rating but nevertheless which receive Aa rating ; 20 year maturities of those issues sell at a price to yield 3.75 percent . Do you think that is an excessive rate ...
... revenue bonds , airport and water issues which are not full faith credit rating but nevertheless which receive Aa rating ; 20 year maturities of those issues sell at a price to yield 3.75 percent . Do you think that is an excessive rate ...
Page 13
... revenue bonds . Mr. REUSS . Would they be entitled to immunity from Federal ... water- way or the whole program fails ? If one or two cities fail in their ... revenue bonds , are they not ? Mr. EGAN . Yes . Mr. SPENCE . And naturally ...
... revenue bonds . Mr. REUSS . Would they be entitled to immunity from Federal ... water- way or the whole program fails ? If one or two cities fail in their ... revenue bonds , are they not ? Mr. EGAN . Yes . Mr. SPENCE . And naturally ...
Page 14
... water rates to pay for the revenue indebtedness and to pay for the paying off of the bonds and dismissal of the bonds . Mr. WIDNALL . So actually there would be no public referendum on that at all ? Mr. EGAN . No. Mr. WIDNALL . Thank ...
... water rates to pay for the revenue indebtedness and to pay for the paying off of the bonds and dismissal of the bonds . Mr. WIDNALL . So actually there would be no public referendum on that at all ? Mr. EGAN . No. Mr. WIDNALL . Thank ...
Page 15
... revenue- backed debts estimated at $ 340 million . Considering county ... water and sewage facilities , and to public hospitals and nursing homes ... Water system improvements and extensions ---- Total__ . $ 24 , 430 , 000 110 , 000 , 000 ...
... revenue- backed debts estimated at $ 340 million . Considering county ... water and sewage facilities , and to public hospitals and nursing homes ... Water system improvements and extensions ---- Total__ . $ 24 , 430 , 000 110 , 000 , 000 ...
Page 17
... water and sewerage facilities , recommended by an engineering study to overcome a 20 - year backlog of needs , its officials find that interest rates of 5 to 512 percent must be paid . How can this comunity produce the revenues from an ...
... water and sewerage facilities , recommended by an engineering study to overcome a 20 - year backlog of needs , its officials find that interest rates of 5 to 512 percent must be paid . How can this comunity produce the revenues from an ...
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Common terms and phrases
administration AFL-CIO ASHLEY assistance Authority BIEMILLER bill bond issue Bonded debt borrow Brent Spence BROWN building CALLISON CALVERT Chairman city of Flint committee community facilities Congress construction County Sewer County Water District economic EGAN facility loans Federal Government funds going grants growth HAZELTINE Home Finance Agency hospital facilities Housing and Home increased industry interest cost interest rate Kentucky KNOX LAMKIN legislation loan program ment metropolitan million MITNICK municipal bonds Municipal water munity Oakland County obligations percent present problem projects proposed public facilities public health rate of interest revenue bonds river Sanitary District SCHONE SCORE Maximum septic tanks sewage disposal sewage treatment sewer bonds sold Sewer District sewer facilities Sewer Revenue sewer systems sewerage SPENCE statement Thank tion towns treatment plant Water and Sewer water pollution Water Revenue Water Works Revenue WIDNALL
Popular passages
Page 166 - ... all interest-bearing obligations of the United States then forming a part of the public debt as computed at the end of the fiscal year next preceding the issuance by the Commissioner and adjusted to the nearest one-eighth of 1 per centum.
Page 128 - Secretary is authorized to make grants to any State, municipality, or intermunicipal or interstate agency for the construction of necessary treatment works to prevent the discharge of untreated or inadequately treated sewage or other waste into any waters and for the puipose of reports, plans, and specifications in connection therewith.
Page 129 - ... (2) any hospital operating a school of nursing beyond the level of high school approved by the appropriate State authority, or any hospital approved for internships by recognized authority, if such hospital is either a public hospital or a private hospital, no part of the net earnings of which inures to the benefit of any private shareholder or individual...
Page 184 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the bank.
Page 235 - ... of such sound value or so secured as reasonably to assure retirement or repayment...