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Hillsboro announces Bank of ND loan award (up to $5M) for electrical project; receives ND forestry grant
Summary
Commission President Levi Reese said Hillsboro was awarded a Bank of ND loan up to $5 million for an electrical project and also received a North Dakota forestry grant; commissioners instructed a DGR representative to assess town electric priorities and tabled a lumberyard grant pending verification.
Commission President Levi Reese told the Hillsboro Board of City Commissioners on Jan. 5 that the city had been awarded a Bank of North Dakota loan of up to $5 million to support an electrical project and that the city also received a North Dakota forestry grant.
Commissioner Geray said a representative from DGR will visit to assess the town and prepare a list of electric-priority projects. Commissioners asked Bruce from Planning and Zoning to verify whether projects tied to a separate Hillsboro Lumberyard grant were completed before the grant deadline; the commission tabled action on that grant until the inspection and additional information are provided.
The meeting did not include further details on the loan’s terms, the specific electrical work to be funded, or a project timeline. City staff and commissioners did not provide loan repayment terms, interest rates or an expected construction schedule during the meeting, and those details were not specified in the transcript. The commission noted the availability of a beautification position and flagged the Traill County EDC county showcase event scheduled for Feb. 5, 2026.
Next steps recorded in the meeting: DGR will assess town priorities for electric projects and Planning and Zoning staff will review the Lumberyard grant work to confirm completion before the grant deadline. Those follow-ups will determine whether and when project funds are committed.
