Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Fayette County approves $11,592.73 loan from Merchants National Bank to fund Morgan Ditch improvements
Fayette County Board of Commissioners · November 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The Board authorized borrowing $11,592.73 from Merchants National Bank at 5.5% interest to pay for the Morgan Ditch Improvement project, with repayment to come from special assessments and maturity on Nov. 10, 2026.
The Fayette County Board of Commissioners on Nov. 3 approved a resolution to borrow $11,592.73 from Merchants National Bank to finance the Morgan Ditch Improvement. The loan carries a 5.500% interest rate, is payable from collection of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans