LYCOS RETRIEVER 
Financing: United States
built 624 days ago
State enabling legislation gives local governments the authority to designate tax increment financing districts. The district usually lasts 20 years, or enough time to pay back the bonds issued to fund the improvements. While structures vary, it is common to have a city government assuming the administrative role. This entity is governed by a city council which makes decisions about how and where the tool is applied.
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Through DealerTrack, automotive dealers can electronically submit credit application data to a diverse network of financing sources, including eight captives, credit unions, and the 20 largest independents. Dealers can monitor application status in real time, and have access to a broad array of reporting tools, as well as the ability to directly integrate data generated in DealerTrack with top dealer management systems.
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Las Vegas Sands Corp. President William Weidner stated, "We are pleased to have completed this important financing for our Marina Bay Sands development. The completion of this Singapore Dollar-denominated facility, which is the largest private Singapore Dollar-denominated financing in Singapore's history, was accomplished on very favorable terms in a challenging global credit environment.
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