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Asotin extends P1FCU line of credit for three years; mayor and clerk to be signers
Summary
Mayor Pro-Tem Lori Loseth reported the city agreed to extend its P1FCU line-of-credit for three years and that Mayor Dwayne Paris and Clerk-Treasurer Tina Davidson will be the only authorized signers on the account.
During the Mayor’s Report, Mayor Pro-Tem Lori Loseth said Mayor Dwayne Paris and Clerk-Treasurer Tina Davidson met with representatives from P1FCU and agreed to extend the city’s line-of-credit for another three years. The minutes state that Mayor Paris and Clerk-Treasurer Davidson will be the only individuals authorized to sign on the account.
The minutes record the agreement but do not provide contract text, interest rate, credit limit, or effective date beyond the council meeting record. No motion or vote is recorded in the minutes for this administrative decision; the item is reported as part of the Mayor’s Report.
