Tag: LGC
Mitchell family begins Bald Head ferry sale process on open market, authority still preferred buyer
BRUNSWICK COUNTY –– The Mitchell family is actively pursuing a competitive sale process of its Bald Head...
State auditor questions Bald Head ferry valuation, LGC postpones sale review
Bald Head Island Limited employees check passenger tickets on the island side of the company’s ferry operations. (Port City Daily photo/Mark...
‘Give a little, take a little’: H2GO-Leland merger settles competition, raises questions
(Left) H2GO Commissioner Bill Beer speaks at a joint H2GO and Town of Leland meeting on March 19 when the two...
Deep Dive: State treasurer asks Bald Head Limited to donate $47 million ferry system, company denies request
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...
LGC disputes county’s assertion that $1.25 billion foundation would be a private, non-government entity
$1.25 billion in sale proceeds for New Hanover Regional Medical Center will soon be re-routed into a "private" community foundation, according...
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...
Land deal could rescue Southport’s low fund balance, depleted after years of financial troubles
SOUTHPORT --- Southport is a financial bind, and it has been for several years.
The small coastal city claims it was on its way to...