Economic Development, Financing and Organization Management

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Friday, July 31, 2009

Ohio Port Authority Council Meets

The Ohio Port Authority Council met on Thursday to discuss stimulus bond financing, legislation and fostering collaborative partnerships. The BCPA is a member of the OPAC.
The Internal Revenue Service regulations on new bonds are being finalized. Allocations for the Recovery Zone Facility (private activity) and Economic Development have been made by the Federal Government with large municipalities and counties receiving allocations. OPAC members are working to increase the availability of funds for project development.

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