Great column. The city has always done a bond like this , they are called General Onligation bonds. Very routine - which is why this idea is particularly bad. I don't recall such a backloaded structure - except scoop and toss, which the city under both Rahm and Lori, chipped away at until they were eliminated. Talk about going backwards.
Great column. The city has always done a bond like this , they are called General Onligation bonds. Very routine - which is why this idea is particularly bad. I don't recall such a backloaded structure - except scoop and toss, which the city under both Rahm and Lori, chipped away at until they were eliminated. Talk about going backwards.
This is VERY helpful to understand the stakes of the upcoming vote, thank you.