The County may borrow monies on its credit in anticipation
of receipt of future taxes and revenues. The County may issue bonds
for the purposes of, but not limited to, financing capital projects,
refunding debt to minimize legal and financial risks inherent in a
particular financing structure and reduce the costs of outstanding
debt. Long-term debt shall require a pledge of the general taxing
ability of the County without limit, and/or the pledge of certain
revenues to be generated by projects for which the capital is raised.