Albuquerque Journal: SunCal Defaults on Loans
Submitted by shindig on Sun, 03/16/2008 - 21:00
Excerpt:
City Councilor Michael Cadigan, who has been an outspoken critic of SunCal, said Thursday the problems in other states show "a pattern of financial irresponsibility."
He said a half-finished development, regardless of whether the county is on the hook to pay for completion, could force governments to step in and take care of residents already living there.
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