It’s settled: Mahogany’s will be awarded $1 million dollars worth of grants and loans after a 6-3 vote in council chambers on Wednesday.
The vote came less than 24 hours after the City Administrator sent out a letter detailing his support for the deal.
Those who were in favor of the deal told reporters that they believe the loan could be paid back if the business fails. They are also pushing to see diversity of ownership at the banks.
“I was just down there yesterday and saw the Mahogany’s ‘coming soon’ sign and I was a little worried,” Yvette Simpson said. “So I’m very glad that it will actually be coming soon.”
Simpson and five of her colleagues decided to push ahead with the deal Wednesday.
“I haven’t seen anything that scares me” Wendell Young said. “I haven’t seen anything in the person’s character that makes me believe they can’t be trusted but more importantly I have yet to be let down by the City Administration in terms of the deals that they’ve brought to us.”
Three of their fellow council members, however, were not on board.
“I voted no because I think there are too many unanswered questions,” Roxanne Qualls said.
To read more on this story, go to fox19.com
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