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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 Ferebee)

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...
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 Ferebee)

Bald Head Island Transportation Authority set to acquire ferry assets, no price tag yet

BALD HEAD ISLAND---Dubbed an "unusual entity" by its own treasurer, the Bald Head Island Transportation Authority is looking for solid ground. The Authority was...