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Mount Vernon charges against developers dismissed by federal judge

Internal audits had found that the urban renewal agency had made loans to developers at “unconscionably low interest rates,” the lawsuit states, and that loans were not repaid.

Unpaid legal bills prompts law firm to sue Mount Vernon

Mayor Richard Thomas has refused to sign checks for legal payments, the complaint states, “due to perceived slights against him by other city officials and out of sheer spite.”

Audit uncovers problem numbers in Mount Vernon IDA finances

“It was a very hard reconciliation, one of the largest I’ve ever done,” the auditor said.

Mount Vernon bulks up its IDA

Tripling the staff, implementing tougher financial assistance standards and examining past practices are part of an effort to put the IDA at the center of Mount Vernon’s economic development strategy.