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Council approves early payoff of mini-ex after treasurer's report
Overbrook City Council · March 12, 2025
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Summary
City Clerk Jim Koger reported balanced accounts and the council approved an early payoff of the mini-ex loan by recorded vote 5-0.
Jim Koger reviewed the treasurer's report and informed the council that city finances are balanced. During that discussion the council voted to accelerate payoff of the mini-ex loan; the motion passed with a 5-0 vote.
The minutes record the approval as a finance-management decision without specifying the dollar amount or the lender. Council members discussed transfers and paying off items as part of the broader review of the treasury report.
