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Council considers outside law firm for borrower collections; staff to review terms and thresholds

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Councilors discussed using an outside law firm to handle borrower collections; staff said the firm would send letters and assume collection costs but will review the contract fine print and account minimums before proceeding.

Councilors discussed engaging an outside law firm to pursue borrower collections and asked staff to review contract terms and any account-threshold requirements before the council decides to hire the firm. Staff reported that Jen had contacted an outside collection law…

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