Board approves economic development loans and consulting contract totaling $450,000 in commitments
Commissioners approved a $250,000 loan to LFD Holdings (Edward Jones) at 4% and a $200,000 zero-interest loan to the City of Wrenshall, and authorized a professional services agreement with North Country Strategies at $5,000 per month.
The full story
At its Jan. 26, 2026 meeting the Carlton County Board approved multiple economic development actions: a $250,000 loan to LFD Holdings, LLC d/b/a Edward Jones at 4% interest with a ten-year payback; a $200,000 zero-percent loan to the City of Wrenshall with a ten-year payback; and a professional services agreement with North Country Strategies, LLC (Dave Lislegard) for consulting and lobbying services at $5,000 per month from Feb. 1, 2026 to Jan. 31, 2027. Each motion passed unanimously.
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