A bond may be an obligation of a state, its subdivisions, or a private corporation to pay a stated amount of money after a stated amount of time. Attorneys may help with the issuance of general obligation bonds, revenue bonds, revenue and grant anticipation notes, assessment and tax increment bonds, certificates of participation and conduit securities where the proceeds of the securities are loaned to other governmental entities, corporations, partnerships, and qualified 501(c)(3) organizations for a variety of governmental, industrial, commercial, and charitable purposes.
Laguna Woods is a city in Orange County, California. The population was 16,507 at the 2000 census with a median age of 78. About 90% of the city consists of Laguna Woods Village, a retirement community, formerly known as Leisure World. Incorporation efforts in the late 1990s were largely driven by the need for residents to have a stronger voice against the prospective construction of an international airport at the nearby decommissioned Marine Corps Air Station El Toro. The airport proposal was ultimately defeated and the land in question has been tabbed for development as the Orange County Great Park.