Beltline officials are ready to sell $120 million in bonds to kick-start their effort to build a 22-mile loop of transit, trails and parks. But the financial turmoil has weakened the bond market in recent weeks, making it more expensive to borrow money.Other regions are feeling as well. The Frontrunner Commuter Rail Line in Utah will be delayed and the Rhode Island Public Transit Authority is having problems as well.
Wednesday, October 8, 2008
Atlanta's Beltline Feeling the Credit Crunch
Unfortunately this seems like one of the side effects of the current situation we're inhabiting.