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Advisory Board convenes closed session to discuss Arco Coffee, Tap Exchange loan requests
Summary
The Douglas County Revolving Loan Fund Advisory Board moved into a closed session under Wis. Stat. §19.85(1)(e) on April 2 to discuss two loan applicants, Arco Coffee and Tap Exchange (Zia Properties); a roll call showed all present voted yes. Open session reconvened at 1:51 p.m.
The Douglas County Revolving Loan Fund, Inc. Advisory Board moved into a closed session on April 2, 2025, to discuss two loan applications. The motion to adjourn the open session and convene in closed session cited Wis. Stat. §19.85(1)(e) and named the applicants Arco Coffee and Tap Exchange (Zia Properties).
Charlie Glazman moved to adjourn the open session and convene in closed session; Mark Hubbard seconded. A roll call vote was taken and the minutes record that all present voted yes; Larry Johnson was absent. The open session was recorded as adjourned at 1:05 p.m. and the board reconvened the open session at 1:51 p.m. The minutes do not record any final loan decisions or motions taken while in closed session.
