Wed 12/29/2021 10:28 AM
Relevant Documents:
Resolution / Letter of Intent
Fiscal 2021 Financial Information / Operating Data
The city of Long Beach, N.Y., expects to add $5 million to $6 million in annual debt service as early as next year as it works to finalize a resolution of the Haberman litigation that would require a general obligation bond issuance to cover a $75 million cash payment to resolve the nearly $150 million judgment, according to a Tuesday night presentation by Long Beach’s restructuring...
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