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.
Drayton Plains is an unincorporated community in the U.S. state of Michigan. It was first settled in 1823. A dam and gristmill was built in 1837 and the Drayton Plains Hotel was built in 1839. It was platted in 1860, but never incorporated as a municipality and its identity has been largely subsumed within that of Waterford Charter Township. It is located on Dixie Highway around the west end of Loon Lake at 42°41'03" N, 83°22'38" W. Brookfield Academy, originally founded as the Laurel Montessori School in 1964 in Drayton Plains, was the first Montessori school in Michigan. An old fish hatchery is now the Drayton Plains Nature Center. Drayton Plains was informally referred to as a village and maintained its own identity and post office until the early 1990s when the post office was closed and functions transferred to the Waterford Post Office. The current ZIP code for the community is 48330.