Jefferson County Commission President David Carrington said there are undoubtedly “30 sticking points” in talks with creditors over restructuring $3.1 billion of sewer-system accountability that has brought the municipality to the verge of bankruptcy.

The county last week postponed a decision on whether to enter the largest-ever parish bankruptcy and extended negotiations on reorganizing the debt it has struggled to repay. Commissioners called a special intersection for 2 p.m. New York time Aug. 4.

About $300 million divides the county and creditors, Carrington said today in an to after a commission meeting. The county has asked bondholders to forgive $1.3 billion of the debt, while creditors have offered to a postal card off $1 billion.

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