Why installment will be due from property owners

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Reference no: EM13214891

four months prior to year-end, 6 percent special assessment bonds totaling $500,000 were issued to fund a streetlight improvement project in a local subdivision. the bonds are secondarily backed by the village. the first $25,000 installment will be due from property owners six months after the initial bond issuance, but no debt payments are due in the first year

Reference no: EM13214891

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Why installment will be due from property owners : four months prior to year-end, 6 percent special assessment bonds totaling $500,000 were issued to fund a streetlight improvement project in a local subdivision. the bonds are secondarily backed by the village. the first $25,000 installment will be..

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