FEDA talks loan program process
FAIRMONT – As choices for the facade loan program were approved and repayments of the revolving loan fund were announced at Monday’s Fairmont Economic Development Authority (FEDA) meeting, the gates of spirited discussion were opened regarding how the loan programs are analyzed. City Council Representative Britney Kawecki started by voicing her concerns about the necessity of a separate loan committee, especially for loans with no financials to review. “To take away from staff's time, take away from a committee to have to get together, not even to review financial information, ...