N.J. Group Moves to Block $1.15 Billion in Bonds for Mall

  • Agency approved tax-exempt debt issue for American Dream
  • Wisconsin Public Finance Authority would market the securities

A nonprofit organization representing taxpayers and business owners is trying to block the sale of $1.15 billion in tax-exempt bonds to finance American Dream, an unfinished megamall begun more than a decade ago in the New Jersey Meadowlands.

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