Clark County commissioners reject $400,000 state loan due to its terms and conditions
After working to secure a $400,000 state Local Government Innovation Fund last year for the renovation of the Springview Government Center, the Clark County commissioners voted last week to reject the 10-year, no-interest loan because of the terms and conditions offered by the Ohio Development Services Agency (DSA), the Springfield News-Sun reports. The commissioners now plan "to issue a note in May for about $700,000 with an interest rate at about three-quarter percent to pay for renovations," which involve converting the agricultural building into a global training facility where local company Konecranes plans to add at least 25 new jobs.
