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unusual facts about municipal bond


Rochester and State Line Railroad

In 1872 the town of Wheatland issued its bonds to the amount of $70,000.00 to aid in its construction, $53,000.00 of which has been paid.


Georgia State Route 400

In March 2009, local TV news reports brought up an issue regarding tolls on the road, since SRTA reported that enough money has been collected to pay the bonds used to construct the road (though prepayment prior to 2011 was prohibited).


see also

Denise L. Nappier

In December 1997, Nappier announced she would run for the Democratic nomination for State Treasurer of Connecticut, she defeated Frank A. Lecce, founder of a municipal-bond firm, at the state's democratic convention with just 51% of the delegates cast.

John Moorlach

He received phone calls regarding a looming municipal bond crisis in Jefferson County, Alabama.