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Utilities commission will regulate entire ferry system, calls assets "de facto monopolies"

BALD HEAD ISLAND — The North Carolina Utilities Commission has asserted its authority over Bald Head Island’s parking and barge operations, half of the island’s… ....

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Bald Head Island ferry survey offers glimpse of public opinion, gets called out by mayor for misleading info

BALD HEAD ISLAND — Residents in one of Brunswick County’s most remote municipalities seem to be in favor of state rate regulation of all components of its ferry… ....

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Mitchell family begins BHI ferry sale process on open market

Mitchell family begins BHI ferry sale process on open market
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Second appraisal of ferry assets shaves about $3M off value as Bald Head seeks its own bonds

The Bald Head Island Transportation Authority is working to acquire the island’s multi-million dollar, privately-owned ferry system. (Port City Daily photo/Johanna Ferebee)
BALD HEAD ISLAND –– After heightened public scrutiny over a market value appraisal that grew infamous in the fallout between the Village of Bald Head Island and its transportation partners, a second, new appraisal report is now complete.
The new report of the island ferry assets came close to the original, a 7% total difference in appraised land value, about $2.9 million less. Deep Point Marina, located within Southport city limits, was appraised at $33 million, about $3.3 million less than the first appraisal. ....

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