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.
Hereford is a city in Deaf Smith County, Texas, United States. The population was 14,597 at the 2000 census. It is the only incorporated Hereford in the country. It is the county seat of Deaf Smith County. Hereford's local water supply contains an unusually high level of naturally-occurring fluorine. Since fluoride is used to protect against tooth decay, Hereford earned the title "The Town Without a Toothache". High levels consumed by longtime or young residents results in staining, though. It is also known as the Beef Capital of the World because of the large number of cattle fed in the area (the city is named for the Hereford breed). The local economy is affected significantly by growth in the dairy industry and ethanol industry. The area is known for its semi-arid climate with heavy farming and ranching throughout the area sustained by irrigation from the Ogallala Aquifer and the saltier Santa Rosa Aquifer beneath it. A rich Western heritage includes the Las Escarbadas ranch house of the XIT Ranch located southwest of Hereford in Deaf Smith County. The restored historic structure can now be seen at the Texas Tech Ranching Heritage Center.