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Agenda - 09-21-1993 - VIII-B
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Agenda - 09-21-1993 - VIII-B
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Last modified
2/6/2017 3:56:00 PM
Creation date
2/6/2017 3:44:03 PM
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BOCC
Date
9/21/1993
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
VIII-B
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WHY WOULD MUNICIPAL FINANCIAL GROUP FUND <br /> THE PROJECT WHEN NO BANKS WERE INTERESTED? <br /> • 63 - 20 financing produces non-taxable income flow <br /> more valuable to investors <br /> • MFG more familiar with project financing risk and <br /> less concerned with collateral <br /> • Bank regulatory climate discourages long-term <br /> ventures with limited security <br />
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