Wednesday, December 22, 2004

Mohave County to discuss line of credit agreement involving Colorado City

The Colorado City Unified School District is in the news again, you may remember the post from a couple of weeks ago noting that Arizona Superintendent of Public Instruction Tom Horne wanted to "push for a new law that would allow the state to take over 'grossly mismanaged' school districts and named Colorado City Unified as the first target." Horne wants to take over district
Mohave Valley News: News Column: "KINGMAN -- The Mohave County Board of Supervisors will hold a special meeting Wednesday to discuss changing a line of credit agreement involving the Colorado City Unified School District. The county and Wells Fargo entered into an agreement in 2000 for a line of credit with the school district. Under discussion today is amending the agreement to convert the revolving line of credit to a non-revolving line of credit, Chief Civil Deputy County Attorney Deborah Herbert said."

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