Evart’s Local Development Finance Authority Dissolved After Special City Council Meeting
Evart’s Local Development Finance Authority was eliminated at a special city council meeting Wednesday night.
The director of the authority says they’ve brought major development to the area.
However they also faced a large amount of debt, which is believed to be one of the reasons behind dissolving the group.
The city council also believes the authority has completed their mission, but the authority feels otherwise.
The authority says with their current developments, they were prepared to address their debt.
The director says while the work of the LDFA was not always evident, it was invaluable to the city of Evart.