Exact(5)
What Euro Disney needs is to wipe out a large part of its debt, freeing future cash flow to finance the improvements that amusement parks inevitably need.
The measure would double the state's gasoline tax over the next five years to finance the improvements, which would include making the roads safer in an earthquake.
Anaheim plans to issue nearly $400 million in bonds to finance the improvements and provide $150 million to expand the convention center.
Nichols said Pasadena "may be engaging in a little wishful thinking" on how much water can be stored underground and to what degree that would help finance the improvements at Devil's Gate.
And Arte Moreno is playing usual owner games with the locals about stadium improvements, or land gifts to build shops and restaurants and help finance the improvements the Angels say they need at the Big A. There appears to be a need for new rocks in center field, but other than that, the Big A looks fine.
Similar(55)
The investment program calls for development costs of $38,000 an apartment, including pure construction costs and the "soft" cost of carrying the mortgage that will finance the improvement.
Rural Development provides loan guarantees of as much as 90 percent to banks or other approved lenders that finance the improvement or development of businesses in rural and high-unemployment areas.
Besides, only a limited number of financial products are available to finance the improvement of energy efficiency performance.
Metzger said the city has also been exploring other sources of financing the improvements, including state funds approved by the Legislature last year for improving local streets and roads.
If the commission reneged on the commitment, USC had the choice of leaving the Coliseum or financing the improvements itself and billing the agency with interest.
By making the repairs before sale while setting a correspondingly higher price, a buyer is in effect financing the improvement in the mortgage.
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