Hoopeston looks at loan program

Local News

Discussion

December 15, 2009

BY CAROL HICKS The Commercial-News Tue Dec 15, 2009, 09:26 PM CST

HOOPESTON — City council members heard a summary report of the revolving loan program at Tuesday’s meeting from Bill Goodwine, finance chairman and acting mayor protem.

Mayor Bill Crusinberry was absent due to the death of his father.

"We have 65 percent repayment of loans," Goodwine said. "I think we can do better than that."

The revolving loan program has loaned $479,281 since its inception, with $235,874 has been paid off, $77,000 in loans that are current and $87,786 in delinquent loans, according to Goodwine. The program lost about $78,000 in loans to bankruptcy. He added that a couple loans are being paid through the court system.

The revolving loan program’s current balance is roughly $30,000 33,000, according to Goodwine.

In other business:

-- Alderwoman Sue Comstock reminded council members there will be a contractors’ meeting at 7 p.m. Jan. 7 at city hall.

"The meeting is for all contractors," Comstock said, "building, lawn, plumbers, all contractors. It is also open to the public."

-- Learned that the Santa photos taken Dec. 5 are available at the Chamber of Commerce office at city hall. They can be picked up during regular hours, 9 a.m. to 4 p.m. Any photos taken that were not paid for during the photo session with Santa can be paid at the time of pick up.

-- Learned that the income survey still needs 100 more homes surveyed to finished the project.

"Progress is being made," said Jean Minick, chairman of the income survey.

WHAT’S NEXT

The next Hoopeston City Council meeting will be 7 p.m. Jan. 4, at City Hall, 301 W. Main St.

Text Only

Local News

Framed by love
Michael Holtz of Danville and his wife Jane, of New Jersey, first laid eyes on each other in 1971 when they met at a boat dock in southern Italy. Michael was serving in the U.S. Air Force at the time, and Jane had been backpacking across Europe for three months, with Italy being her final destination.

February 13, 2012 1 Photo
City budget talks set to begin
Revenues are higher in several areas than they were a year ago for the city.

February 13, 2012
Meetings to start on combining shelters
Vermilion County Board Chairman Jim McMahon wants to study combining the county’s animal shelter and the humane society in the city.

February 13, 2012
Gathering offers ideas on child creativity
People involved with young children on a daily basis — as a teacher, day-care provider or a parent — know how important those early years are to a child.

February 13, 2012
Chemical spill occurs at farm
Walker Farms is working with the Indiana Department of Environmental Management regarding a chemical spill that occurred during the weekend.

February 13, 2012
Can't-miss movies: 2012 features big-buzz blockbusters
Sure, it's only February, but we're already planning out our trips to the multiplex over the next 10 months.

February 13, 2012 1 Photo
Center to offer Word class
February 13, 2012
Video: Jennifer Hudson sings tribute to Whitney Houston at Grammys
The Grammys on Sunday night were filled with tributes to the late Whitney Houston, who died Saturday in a Beverly Hills hotel at the age of 48.

February 13, 2012 1 Photo
Police, fire report
February 13, 2012
Community Briefs
February 13, 2012
More Local News Headlines

Local News

Search Results

Discussion

Hoopeston looks at loan program

Site Map

Contact Us