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Mello Roo |
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Mello Roo A form of financing allowing a municipality or other local government such as a county or school district to issue bonds for very expensive projects. The municipality pays for Mello Roo bonds with a special tax levied exclusively for that purpose. In order for a municipality to become eligible to issue Mello Roo bonds, its residents must approve a measure by a two-thirds margin. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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