City rejects developers' money requests; debate continues over spending
The purse strings on Libby’s pot of gold got a lot tighter at Monday’s city council meeting.
Councilors voted 4-2 to deny giving money from its community development fund, valued at $1.5 million, to two entrepreneurs seeking money for work on buildings that are listed on the National Register of Historic Places.
Libby Lofts developers were seeking $138,000 to begin work on fixing the old high school. The building has set empty and unused for many years. A roof collapse due to heavy snow in 2017 left a gaping hole that will require considerable work to repair it.
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