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Haralson County discusses closing revolving loan fund and returning balance to State of Georgia
Summary
At a Haralson County work session, county staff presented a proposed resolution to close a long-unused revolving loan fund established in 1998 and return the remaining balance to the State of Georgia to comply with state requirements; no formal vote was recorded.
Haralson County County commissioners reviewed a proposed resolution to close a revolving loan fund established in 1998 and to ask the Development Authority to return the remaining loan balance to the State of Georgia.
County staff said the fund was created in 1998 by a sole commissioner in partnership with the Development Authority and the State of Georgia to provide economic-development loans, but it has not been used…
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