Many Coast West vendors paid only 8 percent on their bills as first-year music festival dissolves

Many Coast West vendors paid only 8 percent on their bills as first-year music festival dissolves | MLive.com:
"One of the festival creditors is the Community Foundation for Muskegon County, according to its President Chris McGuigan.
Within two months of the July 1-6 event, the foundation provided Muskegon Festival Group a “large” loan to pay festival “deposits” to ensure the festival was able to proceed.

Another debt that won’t be fully paid is the $1,000-a-day rental fee the county charges for use of Heritage Landing. Muskegon County Community Development Director Bob Lukens said the county received the Muskegon Festival Group letter concerning only an 8 percent payment on the $6,000 rental bill but the county has yet to hear about the $1 surcharge it receives for each festival ticket sold."