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In the meantime, it will borrow to pay for construction.
These non-interest-bearing bonds are typically issued to pay for construction or other costs.
As of June, the museum had raised only $71 million of the $95 million it needed to pay for construction.
Work stopped on the Meriden plant in May because NRG could not secure financing to pay for construction.
The city has a variety of sources of to pay for construction, including state and federal aid.
president of Mount St. Mary's University in Maryland, on why his college, like many others, has accrued debt to pay for construction on campus.
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Under the deal, the Pechangas would provide several hundred thousand dollars a year in operating subsidies to the Southwest, in addition to paying for construction and operation of their new museum.
To pay for the building construction, the construction workers were paid with Maple Leaf Gardens stock instead of 20% of their pay.
To pay for the construction without tapping the school construction budget, the Schoolhouse Foundation plans to raise up to $200 million by selling tax-exempt bonds to private investors through the city's Industrial Development Authority, with the help of J. P. Morgan Chase.
In public theatres, boxes were sold to pay for the construction of the building, and theatres became increasingly dependent on this form of financing.
Church officials have applied for a grant from the United States Department of Housing and Urban Development to pay for the construction of the building, he said.
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