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The Board of the Cape Fear Public Transportation Authority (Wave Transit) held an emergency meeting today, July 1, at 3 p.m.
Wave Public Transit is asking for a $700,000 loan from New Hanover County and the City of Wilmington, according to an email sent by Wave's Director of Finance on Tuesday.
In Thursday's meeting, Wave Public Transit Board of Directors voted to reduce service hours starting in January.
There are some big changes in store for Wave Transit. Starting Monday a new facility on Castle Hayne Rd. will be fully operational.