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Ocean Shores Freshwater Waste Corporation moves toward dissolution; assets to be liquidated
Summary
Phyllis, representing the Ocean Shores Freshwater Waste Corporation, told the advisory board the long‑standing nonprofit is beginning legal steps to dissolve and will liquidate assets; the board discussed potential interest in equipment that could assist shoreline trimming operations.
Phyllis told the advisory board that the Ocean Shores Freshwater Waste Corporation — a volunteer organization established roughly 34 years ago — has contacted an attorney and is working to dissolve the corporation and liquidate its assets.
"The Ocean Shores Freshwater Corporation was established in November, 34 years ago," Phyllis said in a prepared statement. She summarized the group’s long history of volunteer projects including removing trees and branches, water testing and driftwood removal, and said the corporation is now taking legal steps to dissolve.
Why it matters: the corporation owns barges, platforms and other equipment that have been used in past canal work to pin logs and support tree‑removal operations. Board members asked what would happen to that equipment and noted the city lacks funds to purchase large assets without council authorization.
Phyllis said the corporation has contacted an attorney and ‘‘we will be liquidating assets as attorneys to…’’ (statement continued). Board members noted potential local interest in buying or acquiring equipment; one attendee said they knew people who might be interested in buying platforms with upkeep.
No formal action was taken by the advisory board. Members asked to be kept informed of the corporation’s timetable and any opportunities to acquire equipment useful for planned shoreline trimming operations.
