On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1450 AM Holland, MI

Weather

Current Conditions(Holland,MI 49422)

More Weather »
59° Feels Like: 59°
Wind: SSE 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Clear 49°

Tomorrow

Mostly Sunny 75°

Thurs Night

Partly Cloudy 52°

Alerts

Deal 'imminent' to sell Harrisburg's debt-laden incinerator

A trash truck enters the Harrisburg Incinerator in Harrisburg, Pennsylvania, March 10, 2010. REUTERS/Tim Shaffer
A trash truck enters the Harrisburg Incinerator in Harrisburg, Pennsylvania, March 10, 2010. REUTERS/Tim Shaffer

(Reuters) - The city of Harrisburg, Pennsylvania, said on Wednesday that it reached an agreement to sell the garbage incinerator that burned a $345 million hole in its finances and nearly left it bankrupt.

State-appointed receiver William Lynch said in a statement that a deal is imminent to sell the incinerator to Lancaster County Solid Waste Management. The terms of the deal, which must be approved by a court overseeing the city's financial recovery plan, were not disclosed in the statement.

(Reporting by Hilary Russ; Editing by Tiziana Barghini and Chizu Nomiyama)

Comments