inducement letter

"We want this to be completely resolved in 90 days," Mr. Pataki said, "but we'll be issuing an inducement letter for the Liberty Bonds for the Freedom Tower, so that can go forward."

But rather than risk a postponement of the groundbreaking for the Freedom Tower, scheduled for next spring, the governor announced at a news conference on Long Island yesterday that the state would issue an inducement letter for its share of the bonds, $1.67 billion, for the tower and a second office building.