Wednesday, September 29, 2004

NewsAdvance.com | Secretary regrets OK of grant

NewsAdvance.com Secretary regrets OK of grant: "Secretary regrets OK of grant
$4.2 million from state was used to match short-term loan

By Victor Reklaitis / Lynchburg News & Advance
September 29, 2004
CHARLOTTESVILLE - Virginia's former secretary of finance said Tuesday that if he had known in 2000 what he knows now, he would not have approved a $4.2 million state grant to the National D-Day Memorial Foundation.
Ron Tillett, the former secretary, said if had he known about the foundation's use of a $3.5 million short-term loan as matching money for the grant, he would not have approved it."

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