Is this where Boone County’s allocation of Recovery Bonds go?
The deal grants inexpensive financing through federal Recovery Zone Facility Bonds to the engine and large truck manufacturer for improvements to the site of its new world headquarters.
The inexpensive financing arrangement was credited with closing the deal for the major employer to park itself in the western suburbs.
Several Illinois municipalities and counties contributed their allocations of the bonds, including Rockford, Aurora, Elgin and others. The city of Naperville contributed $11.9 million.
Click on the following for more details: State agency approves Navistar financing :: Naperville Sun :: Local News
No comments:
Post a Comment