CANTON — Concerns of two council members didn’t stop the Canton City Council voting Thursday to approve the Canton Housing Authority’s plans to issue $12 million in bonds to a private company planning to build an assisted living and memory care facility in the city.
The vote passed 5-0, with Councilman Hooky Huffman absent.
Prior to the vote Thursday night, council members John Beresford and Glen Cummins expressed their worry that the Housing Authority’s move to issue the revenue bonds for the center planned to be built on Mill Road could end up in a similar way to Cherokee County’s costly experience with Jimmy Bobo and Ball Ground Recycling. But City Attorney Bobby Dyer and Mayor Gene Hobgood said there is no call for concern.
via Cherokee Tribune – Canton OKs issuing.
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