Monday, February 09, 2015
KOAM exclusive: Contract signed by Rohr, JRC obligates city to repay $5 million loan
In an exclusive report first shown on KOAM's 5 p.m. newscast, Aubey revealed that the Joplin Redevelopment Corporation and former City Manager Mark Rohr obligated the city of Joplin to repay a $5 million loan the Springfield company Prime made to former master developer Wallace-Bajjali. From the KOAM report:
According to the contract, Prime would be paid back with a commission from land sold to developers. But Wallace Bajjali is no longer around, and city officials say Prime still wants their money from the City of Joplin, since the city signed this contract.
A copy of the contract can be found at this link.
KOAM TV 7