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Earlier this week, KBIA told you the City of Moberly has paid at least $677,000 in court fees since the Mamtek sucralose factory failed in 2010, including at least $60,000 in fees so far in April. Today, the Moberly Monitor-Index is reporting the city and its development authority have both been dismissed from a case being brought against them by Mamtek bondholders.
The MMI has just been informed that the City of Moberly and the Industrial Development Authority for the City have been dismissed from the court litigation brought by certain Mamtek bondholders, by Judge Patricia S. Joyce.Joyce granted the City and IDA's Motion for Dismissal late Thursday,
