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Harrisburg receiver Unkovic resigns: mayor's office
Source: Reuters
Harrisburg receiver Unkovic resigns: mayor's office
By David Gaffen and Mark Shade
Harrisburg, Pa | Fri Mar 30, 2012 7:43pm EDT
(Reuters) - The receiver appointed to oversee the finances of cash-strapped Harrisburg, Pennsylvania, unexpectedly resigned after just four months on the job, throwing into disarray plans to help the city deal with its debt problems.
David Unkovic was appointed in December to help Harrisburg, the state's capital, work through $317 million of debt incurred by cost overruns from the upgrade of the city's incinerator.
This week a court ruled a second receiver was needed, solely for the incinerator, in addition to Unkovic who was the state appointed receiver for the city.
There were concerns the additional receiver would complicate Unkovic's job.
[font size=1]-snip-[/font]
By David Gaffen and Mark Shade
Harrisburg, Pa | Fri Mar 30, 2012 7:43pm EDT
(Reuters) - The receiver appointed to oversee the finances of cash-strapped Harrisburg, Pennsylvania, unexpectedly resigned after just four months on the job, throwing into disarray plans to help the city deal with its debt problems.
David Unkovic was appointed in December to help Harrisburg, the state's capital, work through $317 million of debt incurred by cost overruns from the upgrade of the city's incinerator.
This week a court ruled a second receiver was needed, solely for the incinerator, in addition to Unkovic who was the state appointed receiver for the city.
There were concerns the additional receiver would complicate Unkovic's job.
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Read more: http://www.reuters.com/article/2012/03/30/us-usa-harrisburg-finances-resign-idUSBRE82T1CV20120330
