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Mount Carroll Council approves $139,202.87 in payments, renews treasury note at 3.25%
Summary
The Mount Carroll City Council authorized payment of 33 accounts payable totaling $139,202.87 and approved renewing a Treasury note for three years at 3.25% after a Finance Committee recommendation; both motions passed unanimously.
The Mount Carroll City Council voted to authorize payment of 33 accounts payable totaling $139,202.87. Alderman Jeff Elliott moved the payment authorization and Alderman Paul Kaczmarski seconded; the roll-call vote was recorded as six yeses and zero nos.
The council also approved a Finance Committee recommendation to renew a Treasury note maturing Nov. 28, 2025, opting for a three-year term at a 3.25% rate after receiving rate and term information from Shannon First State Bank. Chairman Paul Kaczmarski presented the committee recommendation and the motion carried on a 6–0 vote.
