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City council approves deferment of loan for Harding Centre owner


Barricades surround the Harding Centre, as several bricks fell off the building Sept. 5. Building owner Lois Fisher hopes the city will forgive two loans she is paying off in order to receive money for repairs.

After a two-month break, the future of the Harding Centre and the loans the building’s owner still owes the city were put back on the agenda for Monday’s Marion City Council meeting. 

Members passed an ordinance 7-2 on which the building’s owner, Lois Fisher, will be personally responsible for the two loans. In addition, the loan owned by the city will be deferred for 10 years. 

Fisher and the Harding Centre was originally brought up by Josh Daniels, I-At Large, at the Sept. 14 meeting, as council members and Mayor Scott Schertzer have met with the building owner in recent weeks to talk about the loans, which amount to $400,569.47, according to city documents.

One loan is controlled by the state since it is under the Community Development Block Grant (CDBG) Program. The Department of Housing and Urban Development initiative provides these grants annually to states, cities and counties in order to develop affordable housing for low and moderate-income people. 



Read More: City council approves deferment of loan for Harding Centre owner

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