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Board approves MOU for Revenue Allocation Area #2 loan repayment
Summary
Commissioners approved a Memorandum of Understanding governing repayment of a county loan to cover startup expenses for Revenue Allocation Area #2 after a presentation by Brent Tolman of Outwest Policy Advisors.
Brent Tolman of Outwest Policy Advisors addressed the Minidoka County Board about a proposed county loan to cover startup expenses for Revenue Allocation Area #2 and presented a Memorandum of Understanding that outlines repayment terms between the revenue allocation area and Minidoka County. Commissioner Sheryl Koyle moved to approve the MOU; Commissioner Dan Schaeffer seconded and the minutes record the motion as carried.
The minutes do not include detailed repayment terms, loan amount, or schedule; they record only that Tolman presented the loan proposal and that the board approved the MOU. Further contractual documentation and fiscal details will be needed for public accounting and follow-up.
