Postville could be stuck with $4 million tab - KWWL - Eastern Iowa Breaking News, Weather, Closings

Postville could be stuck with $4 million tab


POSTVILLE (KWWL) -- The city of Postville could be liable for more than $4 million if the Agriprocessors meatpacking plant goes under according to legal papers filed Tuesday.

The finances is what's left on a federal loan.

Postville took out the loan to build a sewage treatment plang for Agriprocessors.

Postville owns the facility and is responsible for its financing, even though Agriprocessors runs the plant and is the source of most of the sewage treated there.

Executive Online Producer Nate Leding

Powered by Frankly