City approves loans to remodel Talty dealership
Resident renews concerns over ongoing flooding, blames Kopczick for inaction
The Morris City Council has approved lending Talty Chevrolet Buick Cadillac in Morris $500,000 to go toward remodeling and expanding the dealership.
At its regular meeting Monday, the council approved a Community Development Assistance Program loan to Talty of $225,000 for 10 years, at a 2 percent interest rate, and a Tax Increment Financing District fund loan of $275,000 for nine years at a 2 percent interest rate.
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