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Sunday, February 14, 2010

City attorney moving forward with bond call to complete Cumberland Harbour infrastructure.

Green eco-weenies share blame for failure. http://jacksonville.com/news/georgia/2010-02-14/story/residents_optimistic_about_cumberland_harbours_future
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3 comments:

  1. AnonymousFebruary 14, 2010 at 11:13 AM

    Jay what happend to the 40 - 60 million dollar water/sewer bond St. Marys took out via the PSA?

    ReplyDelete
  2. Jay MorenoFebruary 14, 2010 at 11:33 AM

    The article is talking about the PERFORMANCE bond taken out by the original Cumbrerland Harbour developer.

    I assume that you are inquring about the REVENUE bonds issued via the PSA to bulid the additional sewage treatment capacity for St. Marys. The two are unrelated. The swewage treatment plant has been built and St. Marys continues to struggle to pay the debt service on the bonds.

    ReplyDelete
  3. AnonymousFebruary 14, 2010 at 7:38 PM

    Thanks. Performance vs. Revenue

    ReplyDelete

Please keep it clean and reasonably civil. "Public figures" are fair game, consistent with the "actual malice" exception. I suggest you Google both terms before you go off half-cocked.