North Olmsted says Springvale still losing money, as city support tops $7.7 million
North Olmsted’s Springvale Golf Course and Ballroom holds a negative net position of $3.05 million and owes $7.79 million to city funds. There is currently no repayment schedule for the debt. The facility remains unprofitable despite ongoing city support.
North Olmsted's Springvale Golf Course and Ballroom carries a $3.05 million negative net position and owes $7.79 million to city funds, with no repayment schedule in place.
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