Financial Woes Surround Minnesota's Only African American Museum
As Roxanne Givens looks around this mansion. . .She doesn't see unfinished business, she sees the home to Minnesota's only African American museum.
"It is our intent to anchor the community and sort of be that beacon," Givens said.
Her showplace for all things African American has hit a financial stumbling block. Givens says, the museum was awarded a bond from the state of Minnesota. Required with this bond is a signature from a lender if there is a mortgage on the property which there is. This means the lender must be secondary on the mortgage. Franklin Bank pulled out.
"We have not been able to work out the challenge with the financial institution that kind of holds that power," Givens said.
No money means Knutson Construction pulled their people, including the sub-contractors.
Calvin Littlejohn is the CEO of Tri Construction Incorporated. It is one of four African American companies who worked on the project. Littlejohn says, All sub-contractors they stopped working because they weren't getting paid.
"Right now we are out about 130 thousand," Littlejohn said.
Littlejohn says, at this moment he is not sure if his company will see any money. Givens says, there has been no conflict resolution with Franklin Bank. But she is hopeful all outstanding accounts will be paid in full.