MSHDA Board Action - December 17, 2008
Today, was MSHDA’s last meeting of the calendar year. MSHDA took up the following actions:
1. Approved a change in its interest rate swap confirmation from SIFMA-based to LIBOR-based. Mr. Sykes, Finance Director, indicated that there was some “tax” risk to changing the swap confirmation but that MSHDA would realize a present value savings of $12.3 [...]
