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Trustees approve $25,000 forgivable loan to Anoka Tech College Foundation
Summary
The committee approved contract FCON2600001005, a $25,000 forgivable loan to the Anoka Tech College Foundation to help purchase training equipment for student programs. Trustees voted by roll call and the motion passed unanimously among members recorded on the roll call.
The committee approved a $25,000 forgivable loan to the Anoka Tech College Foundation to help the college purchase training equipment.
Tanya presented the consent agenda item, identifying the item as contract FCON2600001005 and saying it would fund equipment purchases to assist student training at the college. A motion to approve the consent agenda was made and seconded, and the chair opened the floor for discussion.
A committee member praised the program’s track record, saying it has helped train students and connect them with local businesses and manufacturing employment. The chair also noted strong student enrollment and described the training equipment as “pretty incredible.” Another committee member clarified that the particular equipment funded by this loan supports the medical training side (nurse practitioner instruction), not machine trades.
After discussion the chair called a roll-call vote. Trustees Brasstead, Reinhardt, Gamache, Schulte, Jepsen and Heinrich recorded “Aye.” The motion to approve contract FCON2600001005 (a $25,000 forgivable loan to the Anoka Tech College Foundation) passed.
The loan will proceed under the listed contract; the recording does not specify additional conditions or an implementation timeline.
