Detroit Mayor Dave Bing announced the city would close 50 parks, whittling the number of open parks down to 57, after the city council rejected a proposal to lease the city's largest park to the state for 30 years.
Cash-Strapped Detroit To Close 50 Parks
FEB 1, 2013 1:19pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY