SPRINGFIELD, Ohio — The city's only taxi service plans to go out of business unless it gets more financial help.

        Larry Dooley, co-owner of Burgundy Taxi Service, said he plans to close for good on Monday and sell the company's 12 vehicles. He said his company, which began operating in May 1999, gives 30 to 40 people rides to work every day.

        Mr. Dooley said he can't pay a $12,500 insurance premium due on Monday and has $175,000 in outstanding loans. The city has offered $52,000 in grants and loans.

        He said things got tough in early 2000 when his company lost a government contract to provide rides to work and medical appointments for low-income residents.

        “Our offer on the table is all we can do at this time,” said Tom Franzen, city economic development director. “We decided the city doesn't want to be in the taxi business itself. It doesn't look like this one is going to make it.”

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