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Markesan seeks one-year $125,000 line of credit for fire truck, approach repair and police vehicle
Summary
Council authorized bid solicitations from Ergo Bank and Horicon Bank for a one-year $125,000 line of credit to fund a fire truck purchase, repair the fire station approach, and acquire a police vehicle. The motion passed 6-0 on Jan. 13.
The Markesan Common Council voted on Jan. 13 to solicit bids from Ergo Bank and Horicon Bank for a one-year line of credit totaling $125,000.
The funding was identified to cover three capital needs: purchase of a fire truck, repair of the fire station approach, and purchase of a police vehicle. The motion (Kazda/Lager) carried 6-0.
Council minutes list the line of credit amount explicitly and record unanimous approval to proceed with bid solicitations; no lender was selected at the meeting.
