bond money

Bond Sales
5:02 pm
Wed August 7, 2013

Alabama Sells News Bonds For Industrial Incentives

State officials are issuing $33 million in bonds to keep promises to new and expanding industries and refinancing nearly $140 million in old bonds to save $12 million.
Credit istockphoto

State officials are issuing $33 million in bonds to keep promises to new and expanding industries and refinancing nearly $140 million in old bonds to save $12 million.

Two state boards headed by the governor voted unanimously Wednesday to refinance $1.9 million in bonds sold in 2001 for improvements at state parks and $137.7 million in bonds sold between 2001 and 2005 to pay for incentives the state promised new and expanding industries.

Read more
Borrowing Millions
7:19 pm
Mon May 20, 2013

Bond Issue Approved For Alabama Schools

Murphy High School is one of the many tornado-damaged schools that the bond issue will help.
Credit G.M. Andrews/AP Photo

The Alabama Legislature has approved selling bonds to borrow $30 million to repair tornado-damaged schools.

The Senate voted 26-6 Monday afternoon to give final passage to the bond legislation. The bill now goes to the governor for his review.

Read more