The Edgerton City Council approved payment of bills and payroll totaling $256,493.09 and adopted Resolution 25-24, addressing a letter of credit for Northport Development LLC, the council said during its meeting.
Council action came after a finance committee report recommending approval and a roll-call vote recording unanimous support. The council moved and seconded approval of the bills and payroll and later moved and seconded adoption of Resolution 25-24; individual yes votes were recorded for Shaw, Pringle, Crisanti, Candy Davis, Paul Davis and Burdick.
The finance report opened with the committee saying it met that evening and recommended the payments. The council also considered Resolution 25-24 on the council floor; no substantive debate about the credit instrument was included in the provided transcript.
The council did not provide additional details in the transcript about the terms of the letter of credit or how it will be administered beyond the resolution title recorded in the agenda. Any further implementation steps or related contract documents were not specified in the transcript.