CHICAGO -The Summit County Port Authority in Ohio is scrambling to deal with a township's recent decision to stop making lease payments on a bond-funded loan because a new administration is unhappy with the three-year-old town hall project financed with the authority's bond proceeds.

One of 12 borrowers in the port authority's bond fund, Twinsburg Township, "defaulted" on its February loan payment of roughly $37,500, according to the Port Authority. No further monthly payments are expected at this time as the township's three-member trustee board voted in early January not to renew its $475,000 annual appropriation for lease payments to the port authority.

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