A&A: When should “anticipated litigation” be agendized?
Q: In 2010 our City Council was contacted BY the IRS about a series of Build America Bonds that the City had received. The IRS felt that the money was spent improperly (by spending on acquiring an undeveloped parcel related to an unrelated legal settlement rather than by initiating a ”shovel ready” project). The IRS threatened to take the money back which would likely have bankrupted the City. This was made public two years later