Water board objects to ‘overly broad’ proposal to put receiver in charge ...Middle East

News channel - News
Water board objects to ‘overly broad’ proposal to put receiver in charge
By Brendan Kirby Click here for updates on this story     MOBILE, Alabama (WALA) — The Prichard water board has filed an objection to an “overly broad” proposed order setting out the powers of an outside expert that a judge said he would appoint to run the troubled utility. Mobile County Circuit Judge Michael Youngpeter earlier this month sided with Synovus Bank, which manages the $55.78 million that the bank borrowed on the bond market in 2019. The judge agreed the Prichard Water Works & Sewer Board failed to comply with the terms it agreed to when it borrowed the money, and he agreed to appoint a so-called receiver. But he asked both sides to file written arguments about the scope

Hence then, the article about water board objects to overly broad proposal to put receiver in charge was published today ( ) and is available on News channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Water board objects to ‘overly broad’ proposal to put receiver in charge )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News