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Rothsay council approves $170,000 financing for street paving
Summary
Council members voted June 22 to proceed with Stockgrowers financing of $170,000 over seven years to fund a street paving project using Tri‑State Paving; the motion was made by Council Member Matthew Balken, seconded by Council Member Nathan Ziegler, and carried. Council Member Daryl Schleeter was absent.
At a June 22 special meeting, the Rothsay City Council approved financing for a street paving project.
Council Member Matthew Balken moved to proceed with Stockgrowers financing of $170,000 for a seven-year repayment term to pay for the street paving, specifying Tri‑State Paving as the contractor. Council Member Nathan Ziegler seconded the motion and the motion carried. The minutes record the motion as carried but do not include a roll-call vote tally.
The motion followed a review of financing options that included 5-, 7- and 10-year repayment-term proposals. The council selected the seven-year option and authorized proceeding with the Stockgrowers financing arrangement.
Council Member Nathan Ziegler later moved to adjourn; the motion was seconded by Council Member Matthew Balken and carried. The meeting adjourned at 6:37 p.m.
