EDC Says Election Could Put Its Future In Jeopardy (KBTV4)

Quotes worth noting:

Phillips agrees with the much needed street repairs, however he says if the proposal passes half of the EDC'S money will be taken away by the city. Phillips says the EDC could be in violation of its bond contract. EDC attorney Jim Wimberly says the corporation has $4 million total funds. Wimberley stated approximately $1 million has been spent on projects ,and 2/3rds of the remaining funds may be capped.

Remember to vote Against this proposal tomorrow!

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