City asks county to help with housing debt
By Neal A. Shipman
Wolf Run Village, an essential worker apartment complex built in 2014 for Watford City, McKenzie County and McKenzie County Public School District No. 1 employees, isn’t generating enough cash to meet the city’s nearly $5 million debt obligation on the project. And the city is asking the county commissioners to help pick up one third of the monthly losses.
“We’re losing approximately $30,000 to $50,000 a month,” stated Curt Moen, city administrator, at the commissioners monthly meeting on Tuesday, Jan. 9. “We’re looking for month-to-month assistance from the county to cover this loss.”
According to Moen, Wolf Run Village was constructed in two phases during the height of the city’s housing crunch as a way to ensure that city, county and school employees would have affordable housing.
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