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When Selecting the Type of Bond to Use When Building

Question 10

Multiple Choice

When selecting the type of bond to use when building a recreation facility, a municipality must do which of the following?


A) Determine whether the facility will generate enough revenue to retire the debt
B) Determine whether the facility will generate enough revenue to operate the facility
C) Determine whether the facility will generate enough revenue to maintain the facility
D) All of the above
E) None of the above

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