State agrees to loan Lockport up to $5 million

LOCKPORT, N.Y. (WIVB) – Some help is on the way as Lockport deals with deep money troubles.

Governor Andrew Cuomo approved allowing the city to borrow up to $5 million from the state on Thursday. The loan has to be paid back in 10 years.

An audit by the state comptroller found the accounts in Lockport in disarray, though he pointed out that it was caused by poor record keeping and not inadequate leadership.

In an effort to save money, the City Council approved a contract with Twin City Ambulance, which will save $400,000. Currently, the city fire department provides ambulance service.

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