Money allows revamped organization to fulfill obligations, hire consultant




Franklin is giving another $50,000 to a taxpayer-funded organization tasked with spurring economic development in the downtown to allow the group to continue to operate.

The city council approved the money for the Franklin Development Corp., which requested the funds to help pay for ongoing costs such as legal fees, advertising and possibly a consultant.

The organization was created in 2008 and funded with more than $5 million in city tax dollars. The city overhauled the organization and all but one of the former board members were replaced this summer.

This story appears in the print edition of Daily Journal. Subscribers can read the entire story online by signing in here or in our e-Edition by clicking here.

All content copyright ©2014 Daily Journal, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.