Governor thaws frozen bonds
April 23, 2009 § 1 Comment
After 4+ months of being on hold, environmental projects such as the Topanga berm removal and stream restoration, Malibu Lagoon restoration, and Ballona Wetlands restorations will be kicking back into gear.
The state was able to sell some bonds and so infrastructure projects are back in business.
While relieved at this turn of events, I wonder if we’ve advanced any discussions about the meaning/wisdom of depending on bonds for funding, our microcosm of the financial morass taking place in the macrocosm. Just sayin’…