Connect & Collaborate

Connect and Collaborate - February 21, 2017 - Municipalities Kelly Sloan

February 21, 2017

Should municipal governments be able to sue to absolve themselves of their debt obligations if the project they bonded fails? Kelly Sloan from Sloan and Associates will discuss the City of Lamar’s 2004 power plant refit as an example. We’ll also talk about the consequences, both on the bond market and on how other municipalities may be incentivized to be more reckless with their borrowing, if the case succeeds.