Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
EDA considers 65K grant/65K loan package for Tri-Area Community Health clinic; lien clause proposed
Summary
The Grayson County EDA reviewed terms for a previously approved grant and loan to Tri-Area Community Health to open an express care clinic at the Hugh Chatham building, discussed adding a blanket equipment-collateral clause for $65,000, and considered authorizing officers to sign the agreement to avoid delay.
Members discussed a previously approved funding package for Tri-Area Community Health to open an express care clinic and pharmacy at the old Hugh Chatham building and asked staff whether to add an equipment-collateral clause to the loan agreement and who should be authorized to sign the final documents.
At the prior meeting the EDA made a motion covering a $65,000 grant to Tri-Area Community Health for the express care clinic and a $65,000 loan with the terms described in the minutes (the loan…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
