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Georgetown council approves $151,000 strip-mall bid, $103,701.64 road payment and forgivable business loan
Summary
At its Sept. 15 meeting the Georgetown City Council approved a $151,000 bid for a strip-mall property, authorized $103,701.64 from Motor Fuel Tax funds for oil-and-chip street work, and approved a five‑year forgivable business loan contingent on the store remaining open, along with routine reports and permits.
The Georgetown City Council on Sept. 15 approved a $151,000 bid for a strip-mall property, authorized $103,701.64 for completed oil-and-chip street work from Motor Fuel Tax (MFT) funds, and granted a five-year forgivable loan to a business in the city’s business district, among routine administrative items.
The council voted unanimously, 6–0, to accept the higher of two strip-mall bids — $151,000 from Pallavi Patel over a $35,000 offer from TCD Holdings — after alder discussion and a motion by Alder Curt Gordon, seconded by Alder Jack Morrison. Council minutes record the decision as an approved sale; no…
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