Development Fund Plans $30 Million in Bonds: ; Expenses Include $311,250 for Lawyers, Specialists
Charleston Daily Mail › February 27, 2004
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Summary
The West Virginia Housing Development Fund's plan to issue up to $30 million in bonds to help finance economic development projects includes up to $311,250 in expenses for lawyers and other specialists.
The housing fund's Board of Directors approved the financing plan for the new program on Tuesday.See the full content of this document
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Development Fund Plans $30 Million in Bonds: ; Expenses Include $311,250 for Lawyers, Specialists
The largest anticipated expense, up to $75,000, is known as an underwriter's discount. That's what the housing fund would have to pay an underwriter to sell the bonds if they are sold in a publi...
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