Balloon Release With Note In Cuyahoga
Category:
State:
Multi-State
County:
Cuyahoga
Control #:
US-00425BG
Format:
Word;
Rich Text
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Description
A Balloon Note is a Promissory Note that has one large payment (the balloon payment) that is due upon maturity. A balloon note will often have the advantage of a very low interest rate, thus requiring little capital outlay during the life of the loan. The major problem with such a loan is that the borrower needs to be self-disciplined in preparing for the large balloon payment due when the loan matures. Of course refinancing the note upon maturity is always a possibility.
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The perception of Cleveland's 1986 Balloonfest has evolved over the decades, but is the recent storytelling any where close to the truth? Do you need help to get started on a letter to your elected officials about banning balloon releases?Twice during my childhood, I released balloons with messages. 1986 Balloonfest: Cleveland set the world record for a balloon launch, on Public Square in front of Terminal Tower. Are you aware of a scheduled balloon release? A fundraising event in Cleveland, Ohio aimed to break the world record for the most latex helium balloons ever launched, but it quickly became a majestic mess.