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County warned of nearly $600,000 in upcoming SLIB and courthouse loan payments; incubator still for sale
Summary
Administrative Director Cameron Duff said the Business Incubator at 1981 W Eagle Drive remains for sale and warned of upcoming loan payments: about $267,528 for a SLIB loan (to be reimbursed by the library) and about $325,000 for the historic courthouse, totaling nearly $600,000 to appear in the next expenditure report.
Administrative Director Cameron Duff told the board the Business Incubator property at 1981 W Eagle Drive remains on the market with no offers; he will bring any offers before the board. Duff said the county faces upcoming loan payments: roughly $267,528 for a SLIB loan related to the library (reimbursable by the library) and about $325,000 for the historic courthouse, a combined near-$600,000 impact that will appear in the next expenditure report.
No board action was recorded on the incubator sale or loan payments at the staff meeting; Duff presented the information as a heads-up for budget planning as FY26–27 budget discussions proceed.
