Status of some city loans being examined by council

NORWICH – More than three months after the City of Norwich Common Council agreed to review the status of outstanding community and economic development loans, some members of the council are still upset that more is not being done to ensure the loans are brought current.

During Tuesday night’s meeting of the City of Norwich Common Council, First Ward Alderman A. Anthony Abraham asked the council why penalties and interest charges had not been levied on several accounts that were still behind in their payments. Abraham listed at least five loans that were not current, some that were as much as 61 months past due.

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