The doors of an embattled countywide economic development corporation funded by the county and cities are officially locked and the shutters are closed.
Marion County Community Economic Development Corp. board members, left with one remaining board member as of the end of this month, voted Tuesday to dissolve the corporation effective Dec. 31, and disburse remaining money.
Cities will get a full refund and the county will get a partial refund.
Board members Jared Jost, Hannah Bourbon, and chairman Clint Seibel all resigned during the November meeting. Merlyn Entz and Darin Neufeld both resigned Tuesday. That leaves Lloyd Meier the only board member willing to remain after Jan. 1.
The corporation, officially launched in April 2016, has seen continuing financial uncertainty and been criticized for not making progress. Marion, Hillsboro, and Peabody each provided funding, with Hillsboro providing the most, but Marion and Peabody withdrew after an initial payment.
(Read more: PEABODY Gazette-Bulletin)