Greene Turtle loan approved
Despite objections from Maryland Comptroller Peter Franchot, the Maryland Board of Public Works approved a loan to the owners of the Greene Turtle on York Road in Towson.
The loan, worth $240,000, will allow the restaurant to renovate.
Jeff Guidera and Jill Packo, the owners of the Greene Turtle, were unable to be reached for comment on this story.
Prior to the approval of the loan by Gov. Martin O’Malley and State Treasurer Nancy Kopp, Franchot said Towson was not a “struggling community” that needed a loan like this one.
“[Franchot] has serious concerns about exploiting a program that’s intended to help local businesses in Maryland’s struggling, older communities to ask taxpayers to provide $240,000 dollars to a sports bar in a college town which is already undergoing an exciting renaissance,” a statement from Franchot’s office read.
When asked if the comptroller had any further comments after the approval of the loan, a spokesman from Franchot’s office said his previous statements stood.
“The Comptroller raised similar concerns with using public dollars to build another chain hotel just off the Beltway in Prince George’s County, or more recently when we invested taxpayer money in yet another fast food chain along Route 50 in Cambridge,” the statement went on to read.