Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Daviess County extends Hollisyn LLC repayment deadline to Dec. 31, 2025; commissioners request stronger assurances
Summary
Fiscal Court approved a three-month extension of a loan repayment for Hollisyn LLC and commissioners asked staff to explore additional security such as a mortgage on company property.
The Daviess County Fiscal Court on Sept. 18 approved an amended memorandum of agreement extending the repayment deadline for a 0% interest loan to Hollisyn LLC from Sept. 30, 2025, to Dec. 31, 2025. Treasurer Mr. Johnson told the court the original agreement from Sept. 3, 2015, included a $166,000 0% interest loan and a $134,000 contingent grant; the total county contribution was $300,000 from the economic development fund.
Nut graf: Commissioners discussed the company’s ongoing financial…
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
