The month of October is a roller coaster ride for KCPW.
First Salt Lake's Redevelopment Agency says they will give the station a short term loan. Then Lawyers for the city say hold the phone, the Redevelopment Agency may be stepping beyond it's authority. The City seemed ready on Tuesday to approve the loan. Today Mayor Ralph Becker said he could not approve the loan. He will veto it. Now station President Ed Sweeney says a private individual is stepping forward to loan the station the money they need to cover their outstanding debt short term.
First Salt Lake's Redevelopment Agency says they will give the station a short term loan. Then Lawyers for the city say hold the phone, the Redevelopment Agency may be stepping beyond it's authority. The City seemed ready on Tuesday to approve the loan. Today Mayor Ralph Becker said he could not approve the loan. He will veto it. Now station President Ed Sweeney says a private individual is stepping forward to loan the station the money they need to cover their outstanding debt short term.
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