The Harrisburg Authority - Never been a default like this.

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Carol Cocheres drops a bombshell at Harrisburg City Council meeting 12.14.9, Cocheres tells council what bond insurer FSA might do after Harrisburg City became the first municipalality in the history of the Commonwealth to default on bond payments,if FSA files suit then the courts could order the city treasurer to direct all available funds to be paid to FSA before making payments to our police or fire departments, all city employees, as well as all vendors.

 
Tags: Carol Cocheres, Default, Eckert Seamans, GO Bonds, Mayor Steve Reed, The Harrisburg Authority