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Originally Posted by jaringg
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In part the article states...
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Ultimately, the burden falls on the holder of the bonds, who can challenge the decision in court, Israel said. In such cases, he said developer districts also have the option of settling with bondholders or reaching an agreement with the IRS to prevent the agency from going after bondholders.
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MI, Pontiac, Waterford, Southfield, Farmington, FL.--> Ron's my name and pool's my game.
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