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ONF Board To Announce Loan Payoff Decision

Posted on November 29, 2012 by Christie Swanson in Business No Comments

The board of Ozark Natural Foods will announce its decision to pay off its building loan at an event next week.

The board decided to pay off the loan in July 2011, and has since been voted on several times. The decision is one source of contention between the board and co-op members.

The announcement will be at 1 p.m. Wednesday in front of the co-op in the Evelyn Hills Shopping Center, 1554 N. College Ave. in Fayetteville.

Ozark Natural Foods management is inviting owners, shoppers and community members to heard the board’s decision.

Ozark Natural Foods is a socially owned consumer cooperative, servicing more than 9,800 owners.

About Christie Swanson

Christie Swanson covers business for NWA Media’s local daily newspapers and NWAonline.com. In her nearly 20-year career, she’s covered everything from local sports to international retailing giant Wal-Mart. Christie also spent six years as managing editor of the Northwest Arkansas Times in Fayetteville. She is a graduate of the University of South Dakota and a loyal fan of her home state Iowa Hawkeyes.

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