WJJQ LOCAL NEWS
Merrill may not have promised funds

Monday, September 12, 2011

 

The city of Merrill may not have the money to cover a loan promised to Hurd Windows.

The city promised Hurd a $200,000 loan to build a new plant on Water St on June 29. The subsidiary, Super-Seal Windows and Doors would create 50 new jobs in the community.

A Wausau Daily Herald report says that the city's economic development fund is empty. City leaders may consider a tax finance district to cover the loan but that would not be an immediate source of funds.

Hurd has not said whether the plan was contingent on the funds.

There is also a question as to whether the city council violated open meetings laws by agreeing to the loan in closed session without a proper vote or record of the decision.

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