In reality: County is on the hook for CC deficits

I say that the CC is a County asset, whether or not there is a public authority sitting in between the County and the specific asset.  As such, all of its debts, obligations, and encumbrances eventually fall to the County whether a specific guarantee exists or not between the County and the LCCCA.

Could we possibly allow creditors of the LCCCA to seize assets within the CC  for unpaid bills?  The reality is that the CC is as much a County asset as 150 N. Queen and as a result all debts belong to us.

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1 Comment

  1. Agree! They can say all the technicalities they want but when push comes to shove? They will raise that bed tax as they wring their hands lamenting the Hobson choice they were given.

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