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Half Million Dollar Taxpayer Loan To East Grand Forks Business Hasn't Been Paid On In 15 Years

Half Million Dollar Taxpayer Loan To East Grand Forks Business Hasn't Been Paid On In 15 Years

How exactly does something like this happen? The city’s Economic Development Housing Authority held a special meeting¬†Tuesday¬†to discuss the $510,000 loan the body gave to Boardwalk Enterprises in 1999. There hasn’t been any payment on the loan since that time, city staff said. So the city made the loan in 1999. Now, about fifteen years

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