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Business and the Economy

Troubles for City of Cumberland's Utilities

WEKU
Published September 7, 2011 at 10:26 AM EDT

The City of Cumberland took steps to avoid possible foreclosure on delinquent bonds on Tuesday. A procedure that could have resulted in the city’s water and sewer facilities being put under receivership. Behind the foreclosure threat is a debt of $93,000 to the Department of Rural Water that came due on July 1.
Business and the Economy
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