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Archive for the ‘Intermodal facility’ Category

Intermodal Authority Holds Intense Discussion on It’s Inability to Pay Bills

Friday, August 17th, 2012

The meeting was contentious from the onset as the board immediately went into a discussion of cash flow issues and the fact that numerous bills are past due including one from T&T Construction in the amount of $278,000.00. Mr. Tracy Rawls, owner of T&T was present and indicated he had pulled off the job pending being paid. He indicated he had borrowed a substantial amount of money to cover his costs while waiting upon payment from the Authority. Mr. Rawls stated that he wanted to be exempt from liability for the work he has completed should there be substantial rain before he can complete more work. There is a danger that repairs could be costly.

Click here to read the full story on SalineRiverChronicle.com

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