CHICAGO — Suburban Cincinnati’s largest mall has failed to make its last two debt service payments — and is not expected to make its upcoming payment in February — leaving the Port of Greater Cincinnati Development Authority and a pair of suburbs scrambling to figure out how to pay the debt once the reserve fund is drained.

The owners of the Cincinnati Mall, located in the two suburban cities of Forest Park and Fairfield, have not made debt service payments since taking over the struggling retail complex in late 2008, according to officials. Since then, the port authority, which issued $18 million of special obligation revenue bonds in 2004 to pay for infrastructure improvements at the mall, has tapped the debt reserve fund to make last year’s two payments.

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