This is a modification of my question on governmental accounting. It is a summary of an article I found in The Advocate newspaper of March 13, 2013, page 1 of section B, titled "EBR to borrow site funding". The summary goes thus: City Parish plans to take out a loan of $11 million to purchase the former Women's Hospital campus to be used by Baton Rouge Police Department and East Baton Rouge Sheriff's office. The campus will cost the city parish $10 million, says the mayor. The mayor's office will apply t the State Bond Commission for permission to take out a loan from a local bank. The Metro council will vote on approving the loan. Expects the city-parish to receive an interest rate of around 3%. Loan will be repaid out of general fund dollars over the next 15 years. Initially, the mayor said it could cost another $11 million to renovate the hospital campus to accommodate the law enforcement needs. Many renovation goals will be more long-term and city-parish will explore creative ways to finance that construction. For example, a portion of the hospital could be sold to commercial venture an money from the sale could be used for remodeling. After the purchase is finalized the city-parish will contract with a master planner to develop long-term ;plans which will include building a proper training facility. Before the hospital deal was announced, the city-parish signed off on a new lease agreement with Baton Rouge Metro Airport to give police sheriff's office larger office space near the airport. The above is the extract. Could you help me apply governmental accounting concepts to this extract? I could receive it by Friday, the 19th of April. It could just be a page , a page and a half or two at most. So let the I made for the first unanswered question be transferred to this. Help me out