YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The lawsuit against MOHELA’s directors alleges multiple violations of the state’s open meetings and records law between Jan. 20 and Jan. 31 when they developed a proposal to sell a portion of the authority’s consolidated loan assets. The sale was intended to pull in $450 million for higher education capital improvements, scholarships and endowments.
Nixon says the plan was developed with no public meetings or public discussion, and with no chance for citizens to learn of the proposed sale.
“The public was not given the opportunity to learn of MOHELA’s proposal until it was suddenly announced on Jan. 31,” Nixon said in a news release. “MOHELA’s actions took place without the transparency that the Sunshine Law requires.”
In a statement issued this morning, MOHELA stated it had not received a copy of the lawsuit and therefore could not comment further.
The lawsuit asks the court to declare MOHELA’s actions null and void if they’re determined to be in violation of the Sunshine Law.[[In-content Ad]]
A food truck that launched last year rebranded and moved to Metro Eats; automotive repair business Mitchem Tire Co. expanded its Christian County presence; and O’Reilly Build LLC was acquired.