For months, the phrase “North Myrtle Beach can’t borrow” was mostly a statement about constitutional limits — a structural ceiling that shaped the city’s choices but didn’t stop it cold. After Monday’s (June 15) council meeting, it reads more literally. The city does not currently have a bond rating, and as it floats an $18 million expansion, the uncomfortable question on the table is whether it has the financial standing to borrow the money at …
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