The Southern California Logistics Airport Authority anticipates defaulting on redevelopment tax allocation bonds, and plans to issue a formal notice to its
The Southern California Logistics Airport Authority anticipates defaulting on redevelopment tax allocation bonds, and plans to issue a formal notice to its bondholders, the Authority's assistant executive director announced on Thursday. The SCLAA expects to be $2.9 million shy of its $12.8 million payment to bondholders on Dec. 1. (File photo/Staff)