City Loans Yoshis More Money - NBC Bay Area

City Loans Yoshis More Money



    City Loans Yoshis More Money
    Yoshis got another bailout from the city.

    We already knew that Yoshi's was slated to receive a third hefty loan from the city (this time for $1.5 million, to be paid back in 2013), but yesterday's Examiner brought forth more ominous details: "[Yoshi’s] previously received two loans totaling $5.7 million from the Redevelopment Agency to help pay off its reported $15 million construction cost.

    The latest $1.5 million loan will also help pay outstanding construction costs. Yoshi’s has 'creditors at the door,' said Redevelopment Agency Deputy Director Stephen Maduli-Williams."

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