Punxsutawney is a borough in Jefferson County, Pennsylvania, United States, 84 miles (135 km) northeast of Pittsburgh. In 1907, Punxsutawney and Claysville boroughs were consolidated and incorporated as Greater Punxsutawney. A high-grade soft coal was mined in the surrounding region. Formerly, the manufacturies included glassworks, foundries, ironworks, machine shops, and planing, flour, feed, and silk mills. In 1900, 6,746 people lived there; in 1910, 9,058; in 1920, 10,311; and in 1940, 9,482 people lived there. The population was 6,271 at the 2000 census. The name "Punxsutawney" derives from a Delaware Indian term which translates to "town of the sandflies. " Punxsutawney's most famous resident is Punxsutawney Phil, a groundhog said to predict the weather annually on Groundhog Day (February 2). Phil and the town were the basis for the 1993 film Groundhog Day (although nearly all of the movie itself was shot in Woodstock, Illinois).

What is bonds and government finance law?

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.