Closer to a deal? Agreement could end legal disagreements over assets of H2Go

Closer to a deal? Agreement could end legal disagreements over assets of H2Go
The H2GO board authorized its attorney to finalize a proposed agreement to end legal disagreements over assets of H2GO Brunswick Regional Water and Sewer

WILMINGTON, N.C. (WECT) - The H2GO Board of Commissioners authorized its attorney Tuesday night to finalize a proposed agreement that could end legal disagreements over assets of H2GO Brunswick Regional Water and Sewer.

In 2017, the outgoing H2GO Board of Commissioners voted to transfer $56 million of H2GO assets to Belville in a last ditch effort to save the controversial reverse-osmosis plant. Voters, some of whom thought the reverse-osmosis plant was unnecessary and expensive, had voted in a new board of commissioners opposed to the plant.

The vote to transfer assets for a mere $10 to Belville came before the new H2GO board had been sworn in.

Since that time, H2GO has been in a legal battle with Belville to regain control of the assets.

No word yet on when the finalized agreement will be presented to all parties.

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