Badentown is planning to raise money in 3 months to build a new city hall. The mayor wishes to start ground preparation immediately. How could money be raised to fund the work?

Badentown is planning to raise money in 3 months to build a new city hall. The mayor wishes to start ground preparation immediately. How could money be raised to fund the work?




A) Special assessment bond.

B) Bond anticipation note.

C) Construction loan note.

D) Limited tax bond.



Answer: B) Bond anticipation note.


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