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Council directs staff to enter $150,000 loan agreement with La Pine Parks & Rec District
Summary
After correcting a staff report, the council approved directing staff to enter into a $150,000 loan agreement with the La Pine Parks & Rec District; staff had previously misstated amounts in an earlier report and the corrected figure was discussed on the record.
City staff told the council that an earlier staff report misstated loan amounts and that the correct loan to the La Pine Parks & Rec District is for $150,000. "It's actually the loan with the Pine Parks and Rec is for a $150,000," staff said during the meeting, and the staff report included a proposed motion.
A council member moved to direct staff to enter into a loan agreement with the La Pine Parks & Rec District in the amount of $150,000; the motion was seconded and approved by roll call. Staff said the new motion "will supersede what we did at the last meeting" where a different (smaller) amount had been approved in error. The record shows the council voted in favor and staff will proceed to finalize the loan paperwork.
