Guest: Florida residents hit hard in municipal bond fraud

Richard Lawless
Special to Historic City News
2015 witnessed what is likely to be the first of many large municipal bond defaults. Puerto Rico defaulted on $69 billion dollars in bonds. 80% of these bonds were owned by residents in the 50 states with New York residents coming in at over $2 billion followed by Florida residents at just under $2 billion.



Historic City News readers are invited to engage with approximately 150 infantry, artillery, and cavalry troops demonstrating military life in Florida circa 1864.
“Give government an inch and they will surely take a mile,” one observer told Historic City News after the St Augustine City Commission approved a revised taxicab ordinance presented by Assistant City Attorney Denise May.








The City of St. Augustine, in cooperation with the St. Augustine Neighborhood Council, announced to Historic City News that they are hosting a series of public meetings to gather the community’s input for the development of the city’s first Historic Preservation Master Plan.