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Tenino council approves two-year deferral on Ag Park curb loan to ease cash flow
City of Tenino City Council · June 11, 2025
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Summary
Council approved a two-year deferral on a $1.25 million curb loan tied to the Ag Park, which shortens the loan term and modestly raises annual payments but gives the city breathing room to build cash flow and collect rental income.
Tenino's council on June 10 approved staff's request to seek a two-year deferral on a $1.25 million curb loan for the Ag Park project, a move staff said would provide near-term cash-flow relief.
Staff said a deferral request must be submitted by the twelfth of the month to be granted and that a…
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