#491
Elio Addict
For perspective, that possible fine is $7.5M (1500 jobs x $5K). It is the same amount of money the Parish spent to purchase the plant.
While $7.5M is a lot of money, it is small change relative to the $240M that Elio Motors needs to start production.
The deadline for the fine could be extended again IF Elio has made sufficient financial progress toward the $240M goal. Both Racer Trust and Caddo Parish (particularly the Commission members that voted FOR the purchase) want to see Elio Motors succeed.
Cado Parish better start going after their money now.