Suppose now that you are a Buncombe County Commissioner asked to vote upon the following:
Resolution of the County of Buncombe, North Carolina, declaring the intent of the County of Buncombe, North Carolina, to reimburse itself for capital expenditures incurred in connection with maintenance, repair, and renovation of certain county facilities from the proceeds of certain tax-exempt obligations to be executed and delivered in FY 2014.
That’s all, she wrote, with the exception of references to authorizing general statutes, timelines, and a maximum “expected” obligation of $4 million.
