Leaders With The Johnson City Development Authority Are Wondering How They Are Going To Make The One Million Dollar “Balloon Payment”, On The 4.6 Million Dollar Mortgage, For The John Sevier Center Due September 30th. The Agency Has Two Options One Involves Offering HomeTrust 500 Thousand Dollars In September And An Additional 100 Thousand For The Next Three Years. The Second Option Would Be Requesting A Loan From The City Of Johnson City, Offering HomeTrust 600 Thousand With Two Years Of Extra 100 Thousand Principal Payments. The Full Board Will Meet On Friday To Discuss Options.
