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Madrid receives $20,000 from LF Bio Energy; fire and rescue noted as recipients of $2,500 each

Madrid Town Board · December 11, 2024
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Summary

The town recorded receipt of a $20,000 check from LF Bio Energy; the minutes state the fire department and the rescue squad will each receive $2,500, with the disposition of the remaining funds not specified in the minutes.

The minutes state that the town received a $20,000 check from LF Bio Energy. The entry reads: "LF Bio Energy check was received in the amount of $20,000.00. The fire dept. will be receiving $2,500.00 from this, as well as the rescue squad." The minutes do not specify how the remaining funds will be allocated or whether the $2,500 amounts to the same distribution for each entity or are separate line items.

No additional context, such as the purpose of the payment, any restrictions on use, or the mechanism for distributing the funds, is recorded in the minutes. The board did not record a motion authorizing disbursement in the text of these minutes; follow-up documentation or the next meeting may clarify the allocation and any required actions.