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County flags nearly $600,000 in upcoming loan payments; incubator drive remains unsold
Summary
County staff reported the business incubator vehicle drive is for sale with no offers and warned of two upcoming loan payments — $267,005.28 for the library and $325,000 for the historic courthouse — totaling roughly $600,000; the library loan will be reimbursed by the library.
Economic development staff reported the business incubator vehicle drive (noted as '1981 the vehicle drive' in the report) is listed for sale but has attracted no offers to date. Staff said they will bring any offers to the board when they arrive.
The staff update also flagged two forthcoming loan payments: one for $267,005.28 tied to the library (which staff said will be reimbursed by the library) and another for $325,000 related to the historic courthouse. "So the total is closer to 600,000," staff said, and cautioned commissioners to expect those numbers on the upcoming expenditures report.
