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A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation.
Because property owners are usually reluctant to risk losing their holding from unpaid property tax bills, credit rating agencies often consider a general obligation pledge to have very strong credit quality and frequently assign them investment grade ratings. If local property owners do not pay their property taxes on time in any given year, a ...
The Coleman Center (right), among other municipal offices and the City Commons park. The Michael B. Coleman Government Center is an eight-story, 196,000-square-foot (18,200 m 2) municipal office building. [1] The building is named for former mayor Michael B. Coleman in recognition of his 16 years as mayor and numerous accomplishments. [2]
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Municipal annexation is a process by which a municipality acquires new territory, [1] most commonly by expanding its boundaries into an adjacent unincorporated area. This has been a common response of cities to urbanization in neighboring areas.
A $500,000 bond issue vote taken in 1884 [6] prompted the construction of a new courthouse and jail. George H. Maetzel was the appointed architect. George H. Maetzel was the appointed architect. Plans began to demolish the existing structures on the site, and space was rented for office and court space, while a temporary building was ...
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