A Geneva business and two Yates County businessmen have been found liable to the Town of Romulus for over $200,000.00 in unpaid community development funds.
On Tuesday (August 12), Acting Supreme Court Justice Dennis Bender granted a motion by the Romulus town attorney, Steven Getman, and directed summary judgment against Top Quality Hay Processers, Jeffrey Warren and Charles Long, for failure to repay a 2008 loan.
According to the town’s complaint, the loan was intended for Top Quality Hay Processors to create jobs at the former Seneca Army Depot, located in the Town of Romulus. As principals in the business, Warren and Long agreed to personally guarantee the loan, the court papers said.
However, the complaint alleged, the loan was not repaid and in 2012, the building housing Top Quality Hay Processors was condemned by Seneca County Code Enforcement.
Shortly thereafter, town supervisor David Kaiser and the town board directed Getman to commence a lawsuit to recover the money.
The money was from the state government through the Small Cities Community Development Block Grant Program (“CDBG”), the complaint said...
At Tuesday’s court appearance, Bender found for the town and directed the three defendants to repay the $200.000.00, together with costs, interest and attorneys’ fees.
The town has estimated the total amount due the town at approximately $217,000.00 plus additional interest...
The defendants have approximately thirty days to appeal. After that, if the judgment is not repaid, the town will begin collection effort...Those efforts may include seizing property, garnishing wages and other measures...
Wednesday, August 13, 2014
Seneca County town wins over $200,000 against business for unpaid loans
Seneca Daily News: