Because the state’s Local Government Commission won’t let Fayetteville (NC) finance bond debt for 30 years as first sought to pay for a new baseball stadium, city officials had to revamp how they intend to retire $31 million they will borrow through what are called limited-obligation bonds. Read more here.
Fayetteville Revamps Ballpark Financing Plan
Filed under Design & Construction, Money & Financials, Stadium Issues
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