City issues Streetcar bonds

In Saturday's Enquirer was the following notice:

5th3rd Securities is issuing the following municipal bonds starting 5/21/12.

$46,155,000 Various Purpose General Obligation Bonds (A)
$10,000,000 Various Purpose General Obligation Bonds (B)
$13,665,000 Various Purpose General Obligation Bonds (C)
$13,955,000 Economic Development Revenue Refunding Bonds (D) 

For a prospectus, you can call Dan Impellizzeri at 513-534-0054 or 1-800-742-8033.

The $46 million is the streetcar bonds (the first installment) that we have been anticipating.  About $15 million of hat is already spent.

So, yes, the Bat Shit Crazy Council is continuing the insanity.  And Cincinnati voters, taxpayers, you get to pay the price for their foolishness.