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City loan program to ‘evolve,’ but into what?

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Independent Photo by Andrew Rousey Fencing has been removed around most of this vacant lot at 101-109 S. Jefferson St. since the city negotiated a $625,000 purchase price to settle legal action to acquire the parcel for parking to serve a new downtown hotel that is expected to open by November 2026.

By Larry Loughlarry@thewoodstockindepenDEnt.com City government will take a “cautious approach” as its Revolving Loan Fund “evolves” into a new program that has yet to be developed, Mayor Mike Turner said […]

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Picture of Larry Lough

Larry Lough

Larry Lough is editor of The Independent and reports local news. He has worked for community newspapers in Indiana, Illinois, and Iowa for the past five decades, and was a college journalism instructor for 17 years.
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Picture of Larry Lough

Larry Lough

Larry Lough is editor of The Independent and reports local news. He has worked for community newspapers in Indiana, Illinois, and Iowa for the past five decades, and was a college journalism instructor for 17 years.
All Posts

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