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Council OKs two requests for funding

Money will be used to back economic development projects presented by EEDB

The El Dorado City Council approved two funding requests Thursday to back several economic development projects that were presented by the El Dorado Economic Development Board.

However, the council’s approval did not come without some discussion and at least one dissenting vote. The council voted 7-1 on both requests, with Alderman Vertis Mason casting the lone “no” vote.

The funding requests totaled $550,000 – $500,000 in the form of loans and a grant to go toward the development of an entrepreneurial center and a new home construction project and $5,000 to test the ar...
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