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Committee accepts $125,000 Horicon loan to fund fire truck, approach repair and police vehicle
Summary
The committee accepted a Horicon loan bid of $125,000 at 3.99% to fund purchase of a fire truck, repair the fire station approach, and buy a police vehicle; motion by David Abendroth, seconded by Joseph Kazda, carried.
The Finance, Personnel & Safety Committee accepted a Horicon loan bid of $125,000 at an interest rate of 3.99 percent to finance a new fire truck, repair the fire station approach, and purchase a police vehicle.
David Abendroth moved to accept the Horicon loan bid, with Joseph Kazda seconding; the motion carried. The minutes record the acceptance but do not include loan documents, repayment schedules, or which fiscal account will host the debt service.
The minutes list the intended uses—fire truck purchase, approach repair, and police vehicle—but do not record a timeline for procurement or whether the loan requires subsequent council approval; those details were not specified in the recorded minutes.
