I'm no expert at all, but it's similar to bonds except the investors make their money from lease revenue (on a building or whatever) instead of interest on debt...If we have any Agenda readers here who can explain it better (or correct me), please chime in.
What are "certificates of participation to pay for improvements?" Is that like a bond?
I'm no expert at all, but it's similar to bonds except the investors make their money from lease revenue (on a building or whatever) instead of interest on debt...If we have any Agenda readers here who can explain it better (or correct me), please chime in.