Recent bond market fluctuations inspired City of Goleta Finance Director Alvertina Rivera to delay issuing $17.5 million in Redevelopment Agency bonds meant to fund major projects-especially the San Jose Creek capacity expansion to prevent downtown from flooding. Waiting out the market correction is expected to save the agency between $300,000 and $1 million.
Goleta Puts Off Bond Issue
Thursday, October 18, 2007
Be succinct, constructive, and relevant to the story. Leaving a comment means you agree to our Discussion Guidelines. We like civilized discourse. We don't like spam, lying, profanity, harassment or personal attacks.