The Hillview City Council voted 6-0 to file bankruptcy at a meeting August 17, deciding that a court-ordered reorganization “would be in the best interests of the City, its creditors, and most importantly, its citizens”, according to a resolution included with the filing.
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As Business First previously reported, the filing comes after a truck driving school, Truck America Training, won a lawsuit against the city that was related to a 2002 land dispute.
Firefighter accused of pepper-spraying returns to court].
The city of Hillview, in Bullitt County, has filed for bankruptcy, WAVE 3 News learned Thursday.
The town’s obligation from the verdict has grown to about $15 million with interest, Baker said. The fact made the town authorities file for bankruptcy protection.
The state Supreme Court has declined to review the city’s appeal of the judgment.
Debby Mobley, Truck America’s operations manager, said it had to sell equipment and make other cutbacks to stay in business amid the dispute.
The release said there will be no interruption to services for people living in the city.
“I’ve made quite a few settlement provides to the town that they might afford”, she stated.
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In addition, the city owes LG&E $11,184, the Kentucky League of Cities $10,933 and Salt River Electric $1,368. “However up to now the message they’re sending me again is that they’d fairly declare chapter”. That is merely a “placeholder” until city leaders come up with a payment plan, she said.
