Left a loan: Small businesses continue to wait for Helene help
When the Coronavirus Pandemic resulted in the closing of millions of businesses across the United States in March 2020, federal response was swift and decisive, helping to save as many as could be saved with multiple forms of assistance.
Hicks proposes loan to fund cannabis enterprise
In one of the first pieces of legislation of his new term, on Monday, Oct. 9, Principal Chief Michell Hicks presented Tribal Council with a resolution that would provide Qualla Enterprises an additional $19 million in funding — under certain conditions.
Tribe ends interest-only payments for gaming ventures
With much of the conversation taking place in closed session, the Eastern Band of Cherokee Indians Tribal Council passed a trio of resolutions Aug. 3 pertaining to the tribally owned EBCI Holdings LLC.
Canton dives in to pool project
Town of Canton officials faced a “sink or swim” moment Jan. 3 when, in a special public hearing, they had to decide whether or not to move forward with plans to seek commercial financing for the town’s beleaguered pool project.
Jackson schools hope to land 0 percent loan
Jackson County is hoping to save $2.3 million on the cost of completing critical repairs in Jackson County Public Schools through a loan program that would lend the $9 million needed at 0 percent interest.
Macon to pay off Parker Meadows loan
With an unexpected increase in sales tax revenue, Macon County commissioners voted in favor of paying off a $5 million loan early for the Parker Meadows Sports Complex project.
Per capita loan program approved in Cherokee
Twice each year, every Cherokee tribal member gets a payout of thousands of dollars — called a per capita payment — based on profits at the two tribally owned casinos.
USDA loan hang-up: Blessing in disguise?
Another of Canton’s highly anticipated capital improvements on the horizon is a new municipal pool to replace the leaky aging one that has served residents for more than 70 years.