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Document / 151 pages

World Trade Center records folder, 2001

Machine-extracted title · confidence 65%

Records folder index from Mayor's office covering World Trade Center administrative materials.

NYC-WTC_000136391–000136541

Folder label: “Folder 138

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Scanned page image, NYC-WTC_000136443
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NYC 9/11 Public Portal Document

City of New York

Rebuilding and Reconstruction Initiatives Federal Guarantee of Reconstruction Bonds

Objective: To further reduce interest costs on the tax-exempt debt issuance, ensuring the creation of replacement office space that offers reasonable occupancy costs.

Program Description: A federal guarantee for the anticipated issuance of up to $15 billion of triple tax-exempt bonds will further lower the cost of financing the redevelopment of the approximately 25 million square feet of destroyed and damaged office space. Federal legislation is required to provide the guarantee. The combination of a federal guarantee with tax-exempt debt could result in interest rates as low as 4%.

Eligibility: The federal guarantee on the tax-exempt debt will only be available for office space redeveloped in Lower Manhattan.

NYC-WTC 000136443

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NYC-WTC_000136443Source: NYC Law Department, mirrored locally

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