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County staff explains amendment to PTV promissory note for Longmore Estate House loan

Allegany County Board of Commissioners · October 2, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Staff told commissioners that, rather than untabling a previously tabled second addendum to a loan agreement, county counsel and PTV revised the promissory note for a loan tied to the Longmore Estate House. Repayment is scheduled to begin Dec. 1 and one final disbursement remains before opening.

County staff reported that a previously tabled second addendum to a loan agreement with PTV has been superseded by an amendment to the promissory note on that loan, which funds work…

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