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Council approves $1.25M interfund loan to finish parks, recreation and pro shop improvements
Summary
Council approved a $1,253,037 promissory note moving funds from the electric fund to the general fund to pay for recreation center and Monroe Country Club pro shop improvements; repayment set over 10 years at 2% interest.
On Oct. 14, 2025, Monroe City Council voted to authorize an interfund loan of $1,253,037 from the city’s electric fund to the general fund to pay for near-completed improvements at municipal recreation centers and the Monroe Country Club pro shop.
Lisa Strickland, presenting on behalf of staff, said the projects were budgeted last year as installment-financed items and were expected…
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