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Hainesville chair introduces $750,000 promissory‑note proposal to finance village improvements
Hainesville Village Board · February 25, 2026
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Summary
The chair moved to authorize a business loan agreement and issue a $750,000 promissory note to finance village projects; an interest rate of about 5.5147% was cited. The transcript includes the motion but records no vote or final outcome.
Chair opened the business portion of the Hainesville Village Board meeting by introducing a motion to authorize a business loan agreement and to issue a $750,000 promissory note to finance certain village projects and improvements.
The motion's wording as read by the chair…
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