reply to skeechan
Re: Makes one wonder.. Bonds are an investment risk unless they are government guaranteed. Usually they are not guaranteed so if the business makes no money then the investors make no money and their bonds could very well become worthless if the business fails.
Are these guaranteed bonds? I personally dont care and think it is good and wise for virtually all communities to do this.
They may be revenue bonds in which case I'd be nervous about holding them.