Danville might borrow again to meet payroll
By Pam G. Dempsey
Wednesday December 12, 2007
DANVILLE – Because of delayed income tax payments from the state, the city may take out a $650,000 loan to help make payroll.
The city council public works committee voted to seek bids from area banks in order to borrow up to $650,000 as needed. The money would be paid back before April.
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