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Bank threatens to repossess Village of Dolton vehicles due to $76k overdue payment
wgntv.com ^ | February 15, 2024 | Courtney Spinelli, Andrew Schroedter, and Eli Ong

Posted on 02/17/2024 4:27:03 PM PST by lowbridge

Financial turmoil continued to unfold in south suburban Dolton Thursday after a bank said the village failed to make a payment worth tens of thousands of dollars, which may result in police cruisers and other public works vehicles being repossessed.

According to a letter dated Feb. 14, 2024, representatives from KS StateBank are threatening to take possession of more than a dozen village vehicles, which includes six police cruisers, after the village failed to make a payment of more than $76,000 on the vehicles’ loan some nine months ago.

Lawyers for KS StateBank said in the letter, that the village and the bank entered into a Government Obligation Contract in May 2019, when the village financed 13 vehicles, for the principal amount of $332,761.50.

“Due to failure to maintain current payments, the Contract is now in default. As of the date of this letter, the amount past due is $76,138.00 with interest accruing thereon,” the letter stated.

According to the letter, repeated attempts to contact the Village of Dolton have been ignored and promises to pay have been broken.

-snip

Several trustees who spoke with WGN-TV, and Burt Odelson, legislative counsel for the Village of Dolton Board of Trustees, said the payment was authorized by the board in May 2023 and they were not aware it hadn’t been made.

“She can blame whoever she wants, but the board did their job back in May and authorized payment. She’s blocking payment,” said Odelson.

The ‘She’ in question is self-proclaimed Dolton ‘Super Mayor’ Tiffany Henyard.

As questions over unpaid bills have come to light in recent months, WGN Investigates previously uncovered exorbitant spending on lavish trips and experiences by Henyard, which included a trip to Las Vegas that cost more than $12,000 and fell in the same month the loan payment on

(Excerpt) Read more at wgntv.com ...


TOPICS: Crime/Corruption; News/Current Events; US: Illinois
KEYWORDS: dolton; illinois
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1 posted on 02/17/2024 4:27:03 PM PST by lowbridge
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To: lowbridge

This is Fani Willis on steroids..................


2 posted on 02/17/2024 4:33:58 PM PST by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: lowbridge

Another DEI mayor with an attitude. There seems to be a common theme with these Black ladies in power.


3 posted on 02/17/2024 4:36:01 PM PST by Parley Baer
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To: lowbridge

Kansas ???

Where ???


4 posted on 02/17/2024 4:37:32 PM PST by Tennessee Nana
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To: lowbridge

Want to bet? 3…2…1. Bank’s Racist! Excuse incoming…….


5 posted on 02/17/2024 4:42:37 PM PST by Lockbox (politicians, they all seemed like game show hosts to me.... Sting…)
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To: Red Badger

Discussion about Super Mayors actions are racist
“Fani Willis’ Testimony Evokes Long-Standing Frustrations for Black Women Leaders” “You can’t expect black women to be perfect and save the world’: Atlanta DA Fani Willis DEFENDS behavior.


6 posted on 02/17/2024 4:43:42 PM PST by griswold3 (Truth, Beauty and Goodness. )
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To: griswold3

https://search.brave.com/news?q=Dolton%20%E2%80%98Super%20Mayor%E2%80%99%20Tiffany%20Henyard


7 posted on 02/17/2024 4:44:37 PM PST by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Tennessee Nana

If you read at the link it says Dolton, IL and WGN is doing the reporting, which is Chicago.

Now I agree, the poster could say just where Dolton is as a courtesy to the readers.

It appears to be a burb on Chicago’s south side. Thus rat run, and no wonder they can’t afford to pay for anything, in particular police cruisers. Most likely by design, not financial faulting.


8 posted on 02/17/2024 4:48:30 PM PST by redfreedom (Joseph Stalin: "It does not mater how anyone votes, how votes are counted is what matters.")
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To: Parley Baer

“Another DEI mayor with an attitude. There seems to be a common theme with these Black ladies in power.”

The worst of the worst.


9 posted on 02/17/2024 4:48:41 PM PST by Bonemaker (invictus maneo)
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To: Tennessee Nana

Where ??


Illinois not far from Chicago.


10 posted on 02/17/2024 4:49:03 PM PST by hanamizu ( )
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To: lowbridge

KS State Bank loans money to Dolton, illannoy? Their underwriters should be summarily fired for failure to do even half-assed diligence.


11 posted on 02/17/2024 4:52:31 PM PST by Bonemaker (invictus maneo)
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To: hanamizu

South Cook County burb. Garbage.


12 posted on 02/17/2024 4:53:27 PM PST by Bonemaker (invictus maneo)
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To: hanamizu; redfreedom

Thanks

I read KS statebank and thought it might be Kansas


13 posted on 02/17/2024 4:56:56 PM PST by Tennessee Nana
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To: lowbridge
Who woulda thunk it?


14 posted on 02/17/2024 5:04:37 PM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: lowbridge

“She’s blocking payment,” said Odelson.

“...exorbitant spending on lavish trips and experiences by Henyard, which included a trip to Las Vegas that cost more than $12,000 and fell in the same month the loan payment was due”

Sorry, Mr. Odelson. She’s not blocking any payment.” There’s nothing in the till to make the payment with. It’s empty.

Don’t these places have AUDITORS? Or watchdogs that watch the crooks?


15 posted on 02/17/2024 5:07:20 PM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: lowbridge

Her turn at the trough. No one should complain.


16 posted on 02/17/2024 5:09:32 PM PST by CFW (I will not comply!)
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To: redfreedom
--"Thus rat run, and no wonder they can’t afford to pay for anything, in particular police cruisers. Most likely by design, not financial faulting."

IIRC solvent before the new mayor sucked the cash out oh the town.

Nate the lawyer is on top of this story, and fun too!

https://youtu.be/7OUV823oG7g?si=J5w05kBiTll-dn7H

17 posted on 02/17/2024 5:22:38 PM PST by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: ProtectOurFreedom

Elections have consequences. She done spent y’all’s money.


18 posted on 02/17/2024 5:43:33 PM PST by wetgundog
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To: ProtectOurFreedom

A possible copy of her Harvard rejection letter is available on this site.


19 posted on 02/17/2024 5:46:09 PM PST by EliRoom8
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To: All

20 posted on 02/17/2024 5:48:51 PM PST by Liz (Matthew 11.28-30: Come to me, all you who are weary and heavy laden, and I will give you strength.)
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