The Roanoke paper reports here ("Lawsuit filed to halt sewer project," 4/7/04) on a legal challenge to the validity of a bond issue for a sewer project in Blacksburg.
The article notes: "The charter requires that five of the seven council members approve any measure to incur debt. But with only a 4-3 majority supporting the sewer, four council members voted to issue bonds under the authority of the Virginia Public Finance Act, which requires only a majority vote."
No comments:
Post a Comment