Somerset Council resolution says city approves of Horse Soldier financing

By CARLA SLAVEY
Commonwealth Journal
May 10, 2021
May 10, 2021
Somerset City Council approved a resolution Monday night authorizing a Memorandum of Agreement with Horse Soldier Bourbon, stating the city will facilitate the distillery's quest to obtain industrial revenue bonds.
The resolution was approved despite the misgivings of one council member over the city’s liability in the matter.
The resolution passed with 11 council members voting yes and Councilor Jerry Wheeldon passing on the vote.
Before the reading of the resolution, Somerest Mayor Keck pointed out wording within it that stated the city is assuming “zero liability” in the matter, meaning that should Horse Soldier Bourbon not be able to pay back any loans, the city would not be held accountable.

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