Board: Auburn City Council Met: Monday night

Issue: Specialty sauce maker World Harbors, based in the Kittyhawk Industrial Park, plans a $1.5 million, 21,500-square-foot expansion of its local operation. It will be paid for through company-backed bonds sold through the city.

The scoop: It’s the second time the city has helped World Harbors issue bonds. A similar deal late in 2000 helped pay for the company’s initial construction.

Up next: The bonds should go up for sale in March and work on the expansion should begin in the spring.


Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.

Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.