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NO CUSIP, because so far no GO Bonds, and the point is to make sure there are none. Wish I had more specifics. Bottom line is bankruptcy of this developer. Only question is whether it happens before the morons in city hall bankrupt the city with him. You'd think "this guy has $10.5 million and counting mezzanine financing" ought to warning enough. The developer knows what he's gotten into with the personal guarantee. I'll eat my hat if he hasn't got a way out. Florida sounds interesting. Just surprised if the lender is as easily conned as city hall (unless they're in on it, of course).

Just trying to make sense of this and figure some smart people around here. THanks.
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