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In 1973, residents voted for a sales tax of 0.5% over the six counties served by RTD for ten years; 20% of the funds would be used for expanded bus services and the other 80% was earmarked for PRT construction, although that project was later scrapped. The tax became effective January 1, 1974 and was raised to 0.6% on May 1, 1983.
Class C or 2-star building: Rents in the bottom 10-20% of the local market; less-desirable locations; below-average upkeep and management; 1-star building: Does not meet the needs of typical tenants; may be obsolete and/or in need of significant renovation; Retail. Retail buildings are categorized by their configuration and size
Discounting. In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. [1] Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. [2]
In October 1994, BT Group acquired 20% of the company for $4.3 billion. In November 1995, MCI introduced 1-800-MUSIC-NOW, a short-lived telephone-based and online music store. Purchase by WorldCom. BT made an offer to purchase the rest of the company in November 1996 for $22 billion.
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