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Ironton council debates economic development fund, Christmas decorations; approves water loan application and accepts January finances
Summary
Councilors debated converting a forgivable $50,000 economic development fund into repayable loans and whether to fund $61,000 in municipal Christmas decorations. The council approved a resolution to apply for a State Revolving Loan for a water meter project, accepted the January financials and scheduled an executive session on pending litigation.
The Ironton City Council debated the structure of a municipal economic development fund and a proposal to budget $61,000 for new Christmas decorations during its Feb. 27 meeting.
Councilmember Chris questioned whether a $50,000 forgivable-loan authority should remain under the mayor’s office and argued for a repayable revolving loan model that would replenish the fund. Other council members and staff said the fund has been managed by the mayor’s office with an application process and that it was intended to be flexible to…
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