“Moses added a single sentence that said that the authority could, quote, from time to time, end quote, pay off its old bonds by issuing new ones. And those new ones could be, quote, for any other corporate purpose, end quote.”

Dwarkesh Podcast · What I learned about power from LBJ and Robert Moses

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What was described

added a single sentence in Section 9 allowing the authority to pay off old bonds by issuing new ones for any other corporate purpose

Said nearby on the same subject

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