Regulators' demands block N.C. county's plans for bond payout

01/23/2013 | Times-News (Hendersonville, N.C.)

An unfinished development project has left Henderson County, N.C., in a tough spot, according to this opinion piece. A bond was obtained for the project, but the $6 million in proceeds may be insufficient to complete the remaining work. Meanwhile, the county is being pressured by the Army Corps of Engineers and the state's Division of Water Quality to make other payments. The county has decided to file a lawsuit if an agreement cannot be reached about how to spend the money from the bond.

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Times-News (Hendersonville, N.C.)

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