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Staff reports delinquencies, recommends removing bankrupt accounts from Evansville loan capital base
Summary
City loan officer Christine Pryor reported several delinquent or bankrupt accounts and recommended removing those balances from the city’s loan capital base; she also reminded the board that the EDA plan is due in July 2025 and suggested coordinating with eRep on priorities.
Christine Pryor presented the board with a loan report identifying outstanding balances and several delinquent or bankrupt accounts. She named Fountainview Mini Market and BP BLP Enterprises as making payments to legal counsel, said Chelsea Fitt and Kana l Brown remain in negotiation or contact efforts, and reported that Plank Nutrition, Megan Roberts and Vidal Plastics have bankruptcy actions or negotiations that make recovery unlikely.
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