Going forward, all PFI projects will be considered in line with new guidance issued for major projects; this is based on the value and risk associated with the project, so ensuring all projects receive a suitable level of scrutiny.
Stop-work orders have been issued for two projects under construction, Westwood Terrace and Cambridge Mews, and a group of local residents is fighting developers of multifamily projects every step of the way.
Barriers were dropped that once prevented authority funds dedicated to city transit from being used to secure bonds issued for capital projects involving the commuter railroads.
But the cost of servicing debt issued for those projects has grown sharply, eating up an ever-growing chunk of the revenues that the city gets from water customers.
In November, presented with the Cobble Hill Association's evidence, the department notified Two Trees that the construction permit issued for the project would be revoked, even though the building was occupied.
Historically, far fewer than 1 percent of municipal bonds fail, and most that do tend to be issued for quasi public projects rather than cities.
Of the $503 billion in bonds issued for climate-related projects in 2014, Chinese institutions accounted for $164 billion of that total, a new report by Kidney's CBI concludes.
Tax Allocation bonds, issued for a redevelopment project, which have a 4.75% coupon and mature on Aug. 1, 2017.
Among those five entities, additional permissions can be issued, for example, a Project may have specific permissions on Collections and Rules.
Fully discounting carbon reversals, as above, would imply that no credits should be issued for such a project.
