02-11-2017, 06:17 AM
if we default on the Bond, we won't own the roads anymore. The lender will. What then?
The lender has deeper pockets than HPPOA. They could attempt to lien all ~8800 properties, or they could sue County. Either way is probably an improvement.
The lender has deeper pockets than HPPOA. They could attempt to lien all ~8800 properties, or they could sue County. Either way is probably an improvement.