State Supreme Court Issues Ruling on Municipal Debt
November 1, 2012
by
Bob Meinig
Category:
Debt
On October 25, the state supreme court issued a plurality decision in In re Bond Issuance of Greater Wenatchee Reg'l Events Ctr., holding that city of Wenatchee would exceed its debt limit if, without voter approval, it entered into a "contingent loan agreement" (CLA) with the Greater Wenatchee Regional Events Center...
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