A founder of an organization opposed to Buckhead cityhood has criticized a story that appeared in “SaportaReport” concerning Atlanta’s sale of bonds this month with terms that contain a poison pill for the cityhood movement.
Tag: Public finance
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Neighbors for a United Atlanta, Inc. criticizes story on bond sale, offers alternate view
By MICHAEL HANDELMAN, CFA, executive director, Neighbors for a United Atlanta, Inc. “Buckhead cityhood effort does not seem to cause hike in Atlanta’s borrowing costs,” reported a Dec. 20 article by the “Saporta Report’s” David Pendered. This headline was based on a single point-in-time comparison between recent sales of government bonds by the City of […]
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Buckhead cityhood effort doesn’t seem to cause hike in Atlanta’s borrowing costs
Atlanta borrowed nearly $200 million last week with no apparent adverse effect from the Buckhead City movement.
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Atlanta marketed bonds with poison pill for Buckhead prior to council approval
Atlanta went to market with about $188 million in bonds with terms of a poison pill for the Buckhead City effort the day before the Atlanta City Council met Wednesday to consider the defensive maneuver.
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Atlanta ups the ante in Buckhead City campaign
The Atlanta City Council has raised the stakes of the Buckhead City effort by calling a vote in May 2022 for $750 million in funding for roads, greenspace and other infrastructure.
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Atlanta’s latest affordable housing plan calls for borrowing $100 million
Atlanta’s new affordable housing proposal envisions borrowing up to $100 million to establish “nearly 3,500” affordable residences. Terms calls for annual payments of about $2.5 million for up to 40 years, to be funded with property taxes.
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Cigarettes and booze little solace for Georgia budget-writers
Many other things are going to be subject to the Covid Recession.
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Wall Street offers sweet deals, but Georgia has created alternatives to long-term debt
Georgia’s method of paying for school facilities is one reason Georgia’s state and local governments are among those that aren’t accepting Wall Street’s offers of low interest loans to build big public projects.
