County Awaiting Dissolution of Foundation

The Allegany County Commissioners are in a holding stage, waiting for the dissolution of the Allegany County Animal Shelter Management foundation. In the foundation’s bylaws, the county will assume certain liabilities. County Attorney Lee Beeman said the county will also be assigned all assets from the foundation…
“We don’t have a final amount on the amount of assets that are being assigned. This provides just generally that all of their assets are being provided on their wind-up. The general number that has been thrown around as they’re trying to conclude and wrap up everything is about a half a million dollars.”


