Local News

City Demands Repayment of Fairbury 23 Apartments Loan

By Gordon HopkinsIn 2004, Steve Foutch, until recently the owner of Fairbury 23 Apartments, was loaned $202,000 by the City of Fairbury to convert a former school building into low-income housing. The city is now asking for repayment of that loan, despite Foutch's claim that he believed the loan would be forgiven.In 2003, the city …

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