|
Posted: 7:00 PM Sep 2, 2008
Chowan County Gets Extensions On Two Loans
North Carolina officials are letting cash-strapped Chowan County extend two of its loans to give the county's managers more flexibility to pay their bills.
Reporter: Dave Jordan |
|
2 Comments 
North Carolina officials are letting cash-strapped Chowan County extend two of its loans to give the county's managers more flexibility to pay their bills.
The Local Government Commission on Tuesday signed off on the
county's requests to spread out payments on two existing
construction loans over an additional 4 1/2 years and 5 years.
Extending the repayment schedule will help county officials as
they struggle to pay their bills.
In July, the new Chowan County manager announced the county's
once $25 million reserve fund was nearly depleted. Since then, the
county has worked with state officials to reduce spending and raise
additional money.
State authorities also are investigating possible criminal misconduct.
Copyright 2011 by The Associated Press. All Rights Reserved.
Latest Comments
I want state officials to do this for me and every other North Carolinian. Why does Chowan County get special treatment?
I want to know why, after paying my county taxes 2 months ago (due in Jan 2009) that I have now received another bill for tax adjustments. Why should I have to pay for the sticky fingers of corrupt county officials? Despite what they may proclaim there was more than one in on it....there is no way in hades that 20 million dollars just disappears and no one notices it. Where is the accountability of these so called officials?
| Most Commented |
| Second "Cool School" Stop Revealed 435 Comments |
| Nation's Unemployment Drops To 8.3% 236 Comments |
| Santorum Sweeps Three States As Romney Stalls 232 Comments |
| More Charges Against Driver In Fatal Accident 219 Comments |
| ECU Student Survives Attack, Parents Murdered 196 Comments |
| Court Says Fired Trooper Seen Kicking His K-9 Should Get Job Back 182 Comments |
Click one of the pictures below to see more or to upload your own photos and videos.
 |
CarSoup
Search inventory from local dealers and private sellers. |
 |
|
 |
Rental Guide
Video tours to help you find your next apartment. |
|
|
 |
Double Dollar Deals
Save 50% from local merchants. |
|
|
 |
Classifieds
THE place to buy and sell items. Most ads free. |
|
|
 |
Experts
Got a question? Ask Eastern Carolina's Experts. |
|
|
 |
Health Matters Keeping you and your family healthy. |
|
|
 |
MomsEveryday.com Making Mom's Life Easier in Eastern Carolina. |
|
|
 |
Business Break
Two minutes of info from local businesses. |
|
|
