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Council to extend credit to tourism agency

July 08, 1997

Hagerstown City Council members said Tuesday they would extend the Hagerstown-Washington County Convention and Visitors Bureau a $75,000 line of credit.

The credit is needed to pay expenses, including payroll and rent for the downtown office, that have been accumulating since July 1, said Ron Stansbury, president of the tourism board.

"But, right now we're broke," Stansbury said.

The tourism board isn't expecting its next check from the hotel-motel room tax, which helps fund the tourism bureau, until late July, he said.

Stansbury said tourism officials will aim to pay back any of the credit used, plus 5.75 percent interest, within three months.

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City Finance Director Al Martin said any credit used must be repaid by June 30, 1998.

City Council members will vote whether to approve the line of credit on July 22, but until then authorized up to $5,000 to be released to the tourism board.

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