Tag: debt
Second appraisal of ferry assets shaves about $3M off value as Bald Head seeks its own bonds
The Bald Head Island Transportation Authority is working to acquire the island's multi-million dollar, privately-owned ferry system. (Port City Daily photo/Johanna...
New Hanover County reduces debt repayments to save over $8 million
New Hanover County took advantage of current low interest rates to refund a loan for the new Ogden Fire Station and...
Brunswick County aims to issue $260 million in revenue bonds, water financing still not final
BRUNSWICK COUNTY --- Brunswick County Commissioners unanimously approved seeking two series of revenue bonds totaling $260 million to fund various infrastructure projects and refund...
For years, Navassa has struggled with financial issues. It’s working to get on the right track
NAVASSA --- Over the past decade, the small rural town of Navassa has struggled with financial issues.
With five full-time employees, the town has submitted...
City prepares to write off nearly $250,000 in uncollectible debt including unpaid civil citations
Statute of limitations, deaths, and bankruptcy are just a few of the reasons the city is forced to write off debts that have yet...
Podcast May 18 – Leland’s surprise move, Carolina Beach’s costly hotel venture
We start this week with Leland's abrupt about-face on H2GO's reverse osmosis plant. After years of opposing the plant, Leland announced a proposed agreement...
Podcast April 27 – Breaking down the H2GO case; beach pushes cost money, but don’t really help
We start this week's podcast with the culmination of a year of litigation over the fate of H2GO and it's $60 million in assets....
ICYMI – Brunswick’s $200-million water plans, HOA whys and woes, Pender County
Brunswick County is preparing to take on more than $200 million in debt to address a variety of water issues, most notably $100 million...
Brunswick County’s pricey path to RO could spread cost burden across its wholesale customers
BRUNSWICK COUNTY --- Brunswick County is about to take on $216 million dollars in debt.
Over $38 million is needed to fund its Northwest Water...
Chop’s Deli will ‘stay alive,’ thanks to donors and new investors
WILMINGTON---After a whirlwind three days, all four of Wilmington's Chop's Deli locations will remain open, co-owner Brad Corpening confirmed Wednesday morning.
Related: Wilmington's Chop's Deli...