LOS ANGELES -- This week's disclosure that a $50 million funding shortfall could delay the opening of the Walt Disney Concert Hall is not expected to have a credit impact on the project's parking garage, which was financed with Los Angeles County-issued lease-backed obligations, market participants said yesterday.

Characterizing the concert hall funding shortfall as "a bump in the road," county assistant administrative officer Sharon Yonashiro said "it is of concern [but] not unusual for this type of project."

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