CANTON, Ohio (News Talk 1480 WHBC) – The Stark County Port Authority has created the revolving loan fund program and OK’d a $5 million loan to the Hall of Fame Village.
Now county commissioners can approve the 6-percent interest loan at their regular meeting on Wednesday.
It’s part of $15 million requested by the Village for its ongoing Phase 2 project.
The city of Canton has approved a $5 million loan, while the Stark County Community Redevelopment Fund has OK’d the other 5 million.
Canton City Council had said their $5 million loan was contingent on the county doing the same.