An attempt to call a special meeting of the Prichard water board Tuesday ended the same way it did on Monday – with only two members present and accusations of a dereliction of duty.
Board member John Johnson Jr. has sounded the alarm about what he describes as an impending default on a $55 million loan the Prichard Water Works and Sewer System took out in 2019. Johnson said the utility made only a partial bond payment in November and has not paid anything since December.“We are in jeopardy of losing this, you know, utility; of Synovus Bank coming in,” he said. “And they have every right to, you know, do that, because they are the bondholder – $55 million is a lot of money.
“In order to have a special-called meeting, you have to have a quorum, three people,” he said. “They didn’t have three people. They had two. So it was not a meeting. It was just a get-together they had.” Johnson said the system also never followed through on plans to build an outfall line to reroute wastewater from Three Mile Creek to the Mobile River.
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