Wednesday, 18 April 2018 09:58

City Loan Helps Pay Off Debt To Schools

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A $10 million dollar, low-interest loan the City of Akron made to the Akron Public Schools for their new school administration offices, is also going to help the city settle a long-owed debt to the schools.

Part of the loan will cover payments the city owed the schools, to make up for  tax abatements for businesses that set up shop in town. 

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