"How the Garages are paid for" - 22nd in a series of posts on parking

Item

Identifier
gadfly0037
Title
"How the Garages are paid for" - 22nd in a series of posts on parking
Creator
Gallagher, Ed
Holland, Breena
Date
2018/09/29
Description
Lehigh Professor Breena Holland writes a letter to the Gadfly in response to an earlier letter by Vivien Steele. Dr. Holland writes: "The way this city seems to be paying for garage construction (e.g. New Street Garage) is by approving taxpayer backed general obligation bonds. If the bonds are not repaid by the Bethlehem Parking Authority (BPA), then it’s my understanding that the city has to pay off the bonds, which it would presumably do by raising taxes on residents..."
Subject
Bethlehem, BPA, Parking, Serious Issues
Medium
blog post
Contributor
Gallagher, Ed
Holland, Breena
Publisher
The Bethlehem Gadfly
Language
English