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Re: valleybenedetto post# 26248

Wednesday, 03/20/2024 7:45:08 PM

Wednesday, March 20, 2024 7:45:08 PM

Post# of 27092
Frank, as I read it, this is a fore giving loan. Question, why doesn’t the state just deposit the funds into an escrow account with advances monitored/approved by a approved construction/engineering firm to monitor progress? That’s how banks monitor advances on r/e projects. Why get a bank involved?
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