Utility board forgives loan

Utility board forgives loan     4/5/19          6am

 

Last night, The Marion Utility Board unanimously approved a resolution to forgive the 1.7 million loan, plus interest, that the city of Marion has owed the utility board since 2013. 

The resolution includes a provision that the city will not seek a payment in lieu of taxes from the Marion Utilities before the end of 2022. 

The Marion City Council will consider the resolution at its meeting April 16th.