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Council agenda lists ratification of two loan agreements with local companies
Summary
Ordinance No. 081-25, introduced by Council as a Whole, would ratify and approve loan agreements with Corarah Properties, LLC and Crucible Industries Alliance, LLC (dba Salco Machine, LLC); the Jan. 5 agenda lists the item for second reading with no additional detail in this transcript.
The Clerk read Ordinance No. 081-25, introduced by Council as a Whole, which would ratify and approve loan agreements with Corarah Properties, LLC and Crucible Industries Alliance, LLC doing business as Salco Machine, LLC and any payments made pursuant thereto.
The agenda identifies the parties to the loan agreements but does not include contract amounts, terms, or staff comment in the supplied transcript. The item is listed for second reading; the transcript contains the agenda entry only and records no deliberation or vote.
