Special District Financing for Infrastructure—Sharing the Credit With Local Government
Author: John R. Orrick, Jr.; Demetrios M. Datch.
Source: Volume 21, Number 06, July/August 2008 , pp.33-46(14)
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Abstract:
Special districts are a means of financing the costs of public infrastructure through the imposition of dedicated taxes and assessments on the benefited properties. Lending institutions providing financing to projects which utilize this type of financing need to be aware of the legal structure as well as the financial impacts of these districts.Keywords:
Affiliations:
1: Linowes and Blocher LLP; 2: Linowes and Blocher LLP.