LOS ANGELES -- Nevada County, Calif., said last week that a $9.1 million Mello-Ross bond issue will dafault next March unless a property owner pays outstanding delinquencies or the next installment of special taxes.

Bank of America, the bond-trustee, withdrew $473.119 from the reserve account to meet a Sept. 1 debt service payment to bondholders, according to a Sept. 15 press release from the county.

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