SHARON Council will take action on late loans

No city official was sure the companies are still behind in payments.
By HAROLD GWIN
VINDICATOR SHARON BUREAU
SHARON, Pa. -- City council has voted 3-2 to seize personal property from four small businesses if they are still delinquent in paying off city loans.
No one at Thursday's meeting was sure if any of the four are still behind in their payments and no one was sure of the names of all four businesses.
Three identified: Officials identified three of them as Billy's Black & amp; Gold bar on Sharpsville Avenue, The Rib Connection on Dock Street and Central Perk on Chestnut Avenue.
Councilman Lou Rotunno said Mayor Robert T. Price and Atty. William Madden, city solicitor, were to tell council Thursday if any of the businesses, which borrowed $10,000 and $20,000 through a revolving loan program, were behind.
When that information wasn't available, council acted anyway.
Madden said judgments for the debts were filed in Mercer County Common Pleas Court a month ago when it was known the companies were delinquent. All that remains is the filing of a writ of execution and the sheriff will seize personal property such as cash from the register, furniture and other items to satisfy the debt, he said.
No city officials knew Thursday how much money the businesses might owe.
Some may already be current, Madden said, predicting that all will probably be up to date by the time he files the writs of execution next week.
Opposition: Council members George Gulla and Chris Outrakis opposed the move.
'We've been more than patient. It's been months," said Councilman Raymond Fabian, who, along with President Fred Hoffman, backed Rotunno's motion.
Lynette Evans, owner of The Rib Connection, said later she is three months behind on her $179 monthly payments but intends to correct that Monday.
An employee of Central Perk, who would not identify herself or the shop's owners, said the owners were not available to comment this morning. City officials said the owners are Virginia and Anthony Adamo.
Billy Novosel, owner of Billy's Black & amp; Gold, said he had made recent payments on his loan and believes he is current.