Leo set down his champagne flute.
"What's wrong, Ethan?" Leo sat up straight. "What happened?"
Ethan walked to the desk and placed a blue folder on its surface.
"It seems we forgot something."
Ethan undid the top button of his collar, looking frantic.
"We celebrated too soon, Leo."
"What do you mean?"
"Look at this." Ethan pointed to the gold foil lettering on the folder's cover.
Leo looked down.
The Pennsylvania Local Government Unit Debt Act.
"What's this?" Sarah leaned in, a confused look on her face.
"It's a noose around our necks." Ethan's voice was dry. "According to Pennsylvania law, for any local government—be it Philadelphia or Pittsburgh—to issue general obligation bonds, especially long-term debt of this magnitude, City Council approval isn't enough."
"It has to be approved by the State Government."
Ethan opened the folder and pointed to a clause heavily circled in red marker.
