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Resident questions legality of $10,000 set-aside for Industrial Development Board legal fees
Summary
Richard Olsen urged board members to vote no on ordinance 26-03, arguing the town should not use general funds to pay ongoing legal expenses for the Industrial Development Board and that $10,000 added to the FY2026 budget may duplicate previously appropriated funds.
Richard Olsen of Bur Oak addressed ordinance 26-03, which amends the FY2026 budget to add $10,000 to general fund expenses under the Industrial Development Board (IDB). Olsen read the prior resolution authorizing initial operating funds and said the town had already appropriated $50,000 for the IDB’s startup. "So is the city gonna pay the ongoing legal expenses for the IDB?" he asked, and urged the board to vote no on ordinance 26-03 if it would use town operating funds to pay a third party’s…
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