PENNSYLVANIA: Rendell Boosts Debt $752M

Stark, Jonna
July 2007
Bond Buyer;7/23/2007, Vol. 361 Issue 32676, p9
Trade Publication
The article reports on the bill signed by Pennsylvania Governor Edward G. Rendell allowing the state to obtain additional $752 million debt. It is stated that $250 million, the largest portion of the debt will be used for buildings and other structures while $250 million will be allocated for redevelopment assistant projects. Moreover, $150 million will be spent on transportation assistance projects, $25 million for furniture and equipment and $7 million for flood-control projects.


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