Question: Question 3 (3 points) (3 points) Suppose Pima County needs to build a new County Courthouse for $40 million, and needs to borrow the whole

Question 3 (3 points) (3 points) Suppose Pima County needs to build a new County Courthouse for $40 million, and needs to borrow the whole amount for this new building. What type of municipal debt will the Countylissue for this project? Please explain why that is the case. (1.5) Pima County is also responsible for sewage treatment in the county for which all residents and businesses subscribe to Suppose it now needs to upgrade its sewage treatment plant that will cost $40 million, and the county needs to borrow the whole amount for the project. What type of municipal debt will the County issue for this project? Please explain why that is the case. (1.5)

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