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Jackson budget committee approves $521,023 pay request, releases $150,470 letter of credit and backs reimbursement resolution
Summary
At its Jan. 14 meeting, the Village of Jackson Budget and Finance Committee approved a $521,023.70 pay request for the Jackson Community Center expansion, released a $150,470 letter of credit for Maple Fields Phase 1, and recommended Village Board approval of Resolution 25-1 on reimbursement intent.
The Village of Jackson Budget and Finance Committee on Tuesday, Jan. 14, 2025, approved a $521,023.70 pay request for the Jackson Community Center Expansion Project, authorized a $150,470 letter-of-credit release for Maple Fields Phase 1 Subdivision and voted to recommend Village Board approval of Resolution 25-1 declaring official intent to reimburse certain expenditures from future borrowing.
The actions were routine financial items on the committee agenda and carried without extended discussion. Committee members handled minutes and routine financial reports before taking the three substantive financial votes.
Committee action details follow. All motions carried as noted by committee procedure in the meeting record.
Pay request: The committee approved Pay Request No. 6 for…
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