According to a county press release, this morning, Circuit Court Judge Stanley P. Klein ruled from the bench that the proposed plan to finance up to $400 million of the local share of the cost to construct Phase I of the Dulles Corridor Metrorail Project (the Project) through the issuance of EDA Bonds to be repaid with the proceeds of the special tax levied on commercial and industrial real estate in the Dulles Corridor Phase I Special Improvement Tax District (the District) is completely lawful and constitutional.
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