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Resource ID: #7499
Subject: City Government
Source: Morning News Tribune (Tacoma, Wash.)
Affiliation: 
Date: 

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Description

Morning News Tribune (Tacoma, Wash.) reveals how the city loaned $492,000 to a real estate developer as a favor to a former city councilman, who defaulted on the HUD-backed loan, leaving the city responsible for the debt; proper procedures were not followed and city officials went to court to keep records of the transaction from the reporters, April 11, 1990.

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