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Cottonwood County approves $50,000 Blandin loan to help BARC fix leaking gym roof
Summary
The Cottonwood County Board of Commissioners approved a $50,000 Blandin Seed Capital Fund loan to the BARC Building for roof repairs after representatives said the gym/auditorium roof is leaking and full repairs are estimated at $130,000; the loan carries 4.75% interest with a balloon payment due within three years.
At its April 21, 2026 meeting in Windom, the Cottonwood County Board of Commissioners approved a $50,000 loan from the Blandin Seed Capital Fund to the BARC Building to contribute toward roof repairs on the organization’s gym/auditorium.
Tom White and Mike Foley, representing the BARC Board, told commissioners the roof is leaking and estimated the full repair cost at $130,000. Commissioner Wayne Maras moved to approve a Blandin Seed Fund loan for $50,000; Commissioner Larry Anderson seconded and the motion carried by unanimous vote of the commissioners present. The loan was approved at an interest rate of 4.75% with a balloon payment required within three years. Chairman Thomas D. Appel was authorized to sign the loan documents, and County Attorney Nick Anderson was asked to prepare the paperwork.
The loan covers part of the estimated repair cost; the minutes do not specify where the remaining funds will come from. The board’s action authorizes the county to enter into loan paperwork under the stated terms but does not record any additional security, collateral, or repayment guarantees in the minutes.
Next steps: the County Attorney will draft the loan agreement for signature and processing. The minutes do not specify a construction timeline or contractors for the roof repair.
