Judge confirms recovery plan for Harrisburg
Commonwealth Court Judge Bonnie Brigance Leadbetter today confirmed the amended recovery plan for cash-strapped Harrisburg.
An order could come tomorrow or Monday.
The result marks the beginning of the end for a capital city that has been burdened by its incinerator debt.
There is a 30-day appeal period, but none are expected as no objections were filed ahead of the hearing.
Bond market pricing would follow on the asset deals. That could take a few weeks with deals slated for a mid-November completion, according to receiver William Lynch and his team.
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