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Nutter Fort council unanimously approves payoff of Lifepak and stair-chair loan
Summary
Council reviewed leases and unanimously approved paying off the Lifepak and stair-chair loan, citing interest savings and no early-payoff penalties; the decision was made by roll call vote.
Council revisited outstanding lease payments that were tabled from the prior meeting and reviewed loan terms to determine interest savings and whether early-payoff penalties applied.
Members determined it was most beneficial to pay off the loan covering the Lifepak and the stair chair now. Councilor Charlene Louk moved to pay off that loan, seconded by Councilor Sam Maxson. A roll call vote recorded 'Yes' from Councilors Rick Lafferty, Charlene Louk, Sam Maxson, Recorder Natalie Haddix, Councilor Shawn Spurlock and Councilor Karen Phillips; the motion passed unanimously.
The council agreed to reassess further loan payoffs in October or November 2025.
