Posts Tagged ‘LGC’

Local Government Commission (LGC) Approval of Contracts, Leases, and Other (Non-Debt) Financing Agreements

Thursday, August 9th, 2012

Which of the following proposed transactions requires that the unit first seek approval from the State‚Äôs Local Government Commission? 1. The Town of Blowing Rocks borrows $1 million from a local credit union to make repairs to several of its administrative buildings that were damaged in a recent storm. The town grants a security interest […]