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Regional planning commission reports $617,197 fund balance; committee requests transfer and reviews loan activity
Summary
Jon Bingol of the Mississippi River Regional Planning Commission told the committee the Economic Development Loan Fund had a $617,197.03 balance as of July 31, 2023; the committee asked that $150,000 in county funds be moved into an Altra Federal Credit Union account and noted recent loan payoffs and modest July repayments.
Jon Bingol, representing the Mississippi River Regional Planning Commission, reported to the Vernon County Economic Development Committee on Aug. 3 that the Economic Development Loan Fund had a balance of $617,197.03 as of July 31, 2023.
Bingol said committee members requested that $150,000 of county…
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