Built by Build America Bonds
Published May 4, 2012 4:53 PM
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Updated May 4, 2012 5:47 PM
1 Min Read
A meeting place in Nashville
Nashvilles new 1.2-million-square-foot convention facility, called Music City Center, will be completed in April 2013. The city sold $571.4 million of BABs and $51.7 million of tax-exempt bonds in April 2010 to finance it. (Image: Bruce Cain - Elevated Lens Photography)
A new bridge in California
The Bay Area Toll Authority issued BABs to fund a replacement span for the San Francisco-Oakland Bay Bridge.
Spring training in Florida
Lee County, Fla. built a new spring training stadium for the Red Sox, called jetBlue Park at Fenway South. The county sold $42.5 million of BABs, $37.4 million of BAB recovery zone bonds, and $1.3 million of tax-exempt bonds to finance it.
Water projects in Chicago
The Metropolitan Water Reclamation District of Greater Chicago sold $600 million of taxable general obligation BABs to raise funds towards its $2.3 billion capital program. Proceeds have funded various projects for the districts capital program, including plant expansions and improvements, sewer upgrades, bio-solids management projects, and deep tunnel-related projects.
Fine arts in Florida
Orlando sold $71.4 million of BABs and $4.7 million of tax-exempt bonds as the first phase of financing for a new performing arts center.
