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WTC Records Folder 0139 label, 2001

Machine-extracted title · confidence 100%

Archival folder label from the Office of the Mayor for World Trade Center records, identified as Folder 0139.

NYC-WTC_000136542–000136669

Folder label: “Folder 139

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Scanned page image, NYC-WTC_000136668
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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.

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NYC-WTC 000136668

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NYC-WTC_000136668Source: NYC Law Department, mirrored locally

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