GREENSBORO, N.C. (AP) — The Greensboro City Council will discuss again whether it should write off the nearly $800,000 that the city says a museum owes from a “forgivable loan.”
The News & Record of Greensboro reports (http://bit.ly/2b2KFd9) the council is scheduled to discuss the loan to the International Civil Rights Center & Museum at its meeting Tuesday. At a meeting earlier this month, council members refused to write off the loan.
The debt stems from a $1.5 million loan in which the city forgives a dollar for every dollar the museum raised from September 2013 to July 2015. Museum officials say the debt is about $280,000.
The museum honors the sit-in movement that began in 1960 when four black college freshmen refused to leave the whites-only lunch counter at the Woolworth store.
Information from: News & Record, http://www.news-record.com