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Re: buckylaw06 post# 50199

Sunday, 09/06/2015 3:50:23 PM

Sunday, September 06, 2015 3:50:23 PM

Post# of 63559
The cheap loan will probably have to be renegotiated if the Feds raise interest rates. Fresno is set up differantly than our goverments here. Apparently they can carry old business into the new financial year. Most all here if you didn't act in the budget year you have to start over. Anyway, I think if they approve the project before the feds act they should be ok.

John Maynard Keynes1883-1946
Invest, don't speculate! "Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market."