Friday, March 7, 2008

Good News for City of McCall

The City of McCall puts off filing for bankruptcy this week by getting the authority from the Fourth District Judge to issue a sewer revenue bond to pay for the mismanaged construction of the city's waste water storage ponds, known as J-Ditch ponds. The bonds will be able to pay off the seven million lawsuit (which includes legal fees) over a period of thirty years and only increase individual owner's sewer rates up to $11 per month. Finally a good turn over a fairly lengthy drawn out ordeal.

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