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Finance committee approves bills, finance report and cash-budget items including $14.3 million milestone payment
Summary
On April 23 the Diversion Authority Finance Committee approved payment of bills totaling just over $2.2 million, accepted the finance report, and approved the cash-budget report noting a $14,300,000 milestone payment to the project developer and over $1 million in financing proceeds.
The Diversion Authority Finance Committee on April 23 approved routine financial actions including payment of bills, the monthly finance report and the cash-budget report.
Susan Thompson, finance director for the City of Fargo, told the committee that bills paid through April 16 totaled just over $2,200,000; she…
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