Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Infrastructure Finance topic
No spam. Unsubscribe anytime.
Commissioners approve $500,000 loan for mechanics shop and Duck Lake project
Summary
The board authorized a $500,000 loan from Special Funded Services to the Public Works Department for use on the mechanics shop and Duck Lake project, repayment due September 30, 2026; the vote was unanimous.
Get email alerts on the Infrastructure Finance topic
No spam. Unsubscribe anytime.
The Board of Lincoln County Commissioners voted unanimously March 2 to approve a $500,000 loan from Special Funded Services to the Public Works Department to support the mechanics shop and the Duck Lake project. The loan was recorded with a repayment due date of September 30, 2026.
According to the minutes, the Finance Committee recommended the loan and the full board approved the recommendation by unanimous vote. "A recommendation that the public works department be given a $500,000.00 loan from Special Funded Services, with a due date of September 30, 2026, for use of the mechanics shop and Duck Lake projects," the minutes state.
