No Thanks. City of Lake Charles says no to FEMA funds. - KPLC 7 News, Lake Charles, Louisiana

No Thanks. City of Lake Charles says no to FEMA funds.

The City of Lake Charles has decided not to pursure a $3.5 Million loan from FEMA. The decision was made at the Wednesday night's council meeting after council members learned more about the details of the loan. Under the terms of the loan, the money could not be used for repair or restoration of disaster damaged facilities. And  it could not be used to match any other kinds of federal funds or  be invested with the intention of earning interest.  

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