Legal Documents of Mountain City

General guidance. The guidelines outlined herein are only intended to provide general direction regarding the future issuance of debt. The town maintains the right to modify this debt policy and may make exceptions to any of its guidelines at any time to the extent that the execution of such debt achieves the goals of the town as long as such exceptions or changes are consistent with Tennessee Code Annotated and any rules and regulations promulgated by the state.

This debt policy should be reviewed from time to time as circumstances, rules and regulations warrant.