Defaulting On Loan Is Not Option, Mayor Says

Summary


CEDAR HILLS -- In the final public forums before a June 28 special election in which voters will decide initiatives that would forbid Sunday store openings and any sale of alcohol in the city and a bond to refinance the city's struggling golf course, city officials and residents made their positions clear.

At the town meeting, held at Cedar Ridge Elementary School just prior to the regular council meeting, city officials fielded questions about the proposed golf course bond that would allow the city to refinance its remaining debt on the Cedar Hills Golf Course, which is slightly more than $6.4 million.

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Defaulting On Loan Is Not Option, Mayor Says

Mayor Mike McGee said the City Council has discussed the issue extensively and come to the unanimous conclusion that defaulting on the loan, an idea...

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