Summary
The Municipal Authority of Westmoreland County gambled and apparently has won on a risky investment that has plunged other public bodies into red ink over the past several years.
Authority board members on Monday voted to terminate a bond swap deal first engineered in 2006, which has turned a profit for the water company.See the full content of this document
Extract
Municipal Authority of Westmoreland County Wins Finanical Gamble
The authority is expected to earn $1.2 million by selling out the remaining 11...
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