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Board authorizes Ally Dakota Development to manage servicing actions for county revolving‑loan borrowers
Summary
The board authorized Ally Dakota Development to approve prudent servicing actions internally for borrowers who have received loans from the county’s Revolving Loan Fund.
County Auditor Echo Steffensen presented a request from Ally Dakota Development asking the county to permit the organization to approve prudent servicing actions internally for borrowers who received loans from the Revolving Loan Fund. The board approved the requested authority (motion by Kyle Lee, second by Troy Nelson).
The minutes do not specify the exact scope of 'prudent servicing actions' beyond the request language; the item was recorded as approved and the auditor will manage any administrative follow-up.
