Coming to terms
Submitted by Edgar on Wed, 08/06/2014 - 12:40am
By Carol Spicer.
Clifton Economic Development Corporation Treasurer Drew Leigh attended the called Clifton City Council meeting on Thursday afternoon, to address the council regarding a payoff of the EDC loan to the Red Caboose Winery. With several council members not aware of the history of the original loan, Leigh explained that there were two loans, one for $50,000, then a second loan for $120,000, with the stipulation that $30,000 could be forgiven pending upping the number of employees.
Rate this article: