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Loan board approves $50,000 reclassification for Parks and Recreation loan

5889526 · February 28, 2025
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Summary

The Evansville City Loan Administration Board approved reclassifying a $50,000 Parks and Recreation loan from the Community Revitalization Loan Fund to the EDA RLF, a five-year, 7.5% loan, recorded as Resolution 2025-1.

The Evansville City Loan Administration Board on Feb. 28 approved reclassifying a $50,000 Parks and Recreation loan from the Community Revitalization Loan Fund (CRLF) to the Economic Development Administration revolving loan fund (EDA RLF).

Jennifer Bennett, who identified herself as representing Parks…

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