WZTV - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

Bankrupt Developers Leave Taxpayers to Pay for Unfinished Roads

Stream WZTV Fox 17 Newscasts LIVE starting with Fox 17 This Morning at 4:30am, News at 5:30pm and News at 9pm & 10 pm.

MURFREESBORO, Tenn. (Erika Lathon) -- Rutherford County plans to spend more than three hundred thousand dollars to pave unfinished roads in at least two subdivisions.

The original developers in the Muirwood and Rockvale Meadow subdivisions declared bankruptcy before a final coat of asphalt was applied to level neighborhood streets.

The county is suing the bonding company in the Muirwood case in hopes of getting reimbursed.

Mayor Burgess says the county has new safeguards in place to protect taxpayers.

Developers will have to put up cash or a letter of credit with special provisions before building in unincorporated areas of the county.


NEWS: iPhone/iPad | Android
WEATHER: iPhone | iPad | Android
MORNING: iPhone/iPad | Android

Follow us on Twitter @wztv_fox17 and LIKE us on Facebook for updates.