Quote:
Originally Posted by JeffAVEWS
If what I read about the VCCDD in the IRS thread is correct, that it's the board is appointed by the owner(s) of the commercial property, then it's just Morse under another hat. Which means Tutt works for him. She has to pour the kool-ade or find her stuff in a box on the side walk.
|
This just gets better every day. Don't know that much about bond structuring but one post I read indicated that if the authority to issue Tax Free Bonds where invalid all the bonds would be come callable and the debt would have to be repaid. Don't know if that is correct or not but did not sound good to me. The layers will keep this going back and forth so long I'll be pushing daisies and this thing still will not be settled.