Manchester aldermen sign off on $35,000 restaurant loan
MDC board member Sean Owen said that the organization carefully weighed the decision whether to approve the loan. He stressed that the money does not come from city coffers, but a long-established fund started with seed money from city real estate deals.
Alderman-At-Large Dan O'Neil voted to support the loan, but he said he wanted to investigate whether the loan funds are the MDC's own money.
Alderman and mayoral candidate Patrick Arnold has criticized the loan.
"My question is are we setting a precedent. Other businesses can ask, 'Why isn't everyone getting this,'" Arnold said.
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