Malcolm trustees approve multiple contracts and a financing plan for ballfield renovation
Trustees accepted four vendor bids totaling more than $368,000 for lighting, fencing and field work at the village ballfield and approved a bank proposal to use an existing deed of trust as collateral for a line of credit with youth sports organizers.
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Trustee Little moved and the board approved a package of contracts on Aug. 15 to renovate the village’s old ballfield, awarding fencing, field work, construction and lighting contracts and authorizing a collateral arrangement to support fundraising and a lender line of credit.
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