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Judge says Asheville can issue $74 million in general obligation bonds

A judge ruled in favor of the city of Asheville in a lawsuit blocking $74 million in general obligation bonds. (Photo credit: WLOS staff)

A judge ruled in favor of the city of Asheville in a lawsuit blocking $74 million in general obligation bonds.

Voters approved the referendum in November, but a lawsuit filed by former vice mayor Chris Peterson and retired attorney Sidney Bach over the wording on the ballot put the measure on hold.

A superior court judge ruled Friday the bonds, which target parks, housing and transportation, are valid and the city can proceed with issuing them.

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