Morris Brown trustees turn down taxpayer money - Atlanta News, Weather, Traffic, and Sports | FOX 5

Morris Brown trustees turn down taxpayer money

Posted: Updated:

ATLANTA (AP) - Trustees of Morris Brown College have turned down an offer of nearly $10 million in taxpayer money.

The Atlanta Journal-Constitution reports that Atlanta Mayor Kasim Reed had offered the money that would have eliminated the bankrupt school's $35 million debt and solved its legal problems.

Morris Brown's lawyer Anne Aaronson has said the city's offer was insufficient because it covered the college's debt but didn't provide operating funds. She says the school has a better offer on the table. Reed and city officials say that's hard to believe. The lawyer declined to give any further details.

Reed says the school's rejection of his offer puts the school's future in danger and also threatens the city's vision for a revitalization of the area around the campus.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

1551 Briarcliff Rd., NE
Atlanta, GA 30306

Main Number: (404) 875-5555
News Tips: (404) 898-0100

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices
.