OGDENSBURG - Projected job creation disagreements Monday led the Ogdensburg Growth Fund Development Corp. and the owner of a movie theater to part ways over how much he can borrow for improvements.
The citys lending agency offered to loan Plattsburgh developer Gilbert J. Jones $60,000 instead the $100,000 he has asked for to install digital projection equipment for his twin-screen Ogdensburg Cinema I and II theaters at 219 Ford St. Both sums come with 3.25 percent interest rates payable over seven years.
Mr. Jones introduced a new set of terms after the meeting.
I might consider $60,000 at zero percent interest in four years, he said. Im not going to re-open it unless they consider my request.