Council authorizes $310,000 INTERCAP loan for Rodeo Arena bleacher expansion
The council authorized borrowing $310,000 through the State of Montana INTERCAP program to finance a $403,000 bleacher expansion at the Three Forks Rodeo Arena. City staff said the Rodeo Board will cover principal payments from annual revenues; the motion passed unanimously.
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The Three Forks City Council approved a resolution authorizing participation in the State Board of Investments INTERCAP loan program to borrow $310,000 toward a $403,000 bleacher expansion at the Rodeo Arena.
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