Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Redfield approves $200,000 loan to Spink County Daycare
Summary
The council authorized a 10-year, $200,000 loan to Spink County Daycare on April 20, 2026; motion carried following a second by Councilmember Jessi Lewis.
On April 20 the Redfield City Council approved a 10-year loan of $200,000 to Spink County Daycare. Councilmember Keith Gall moved for approval and Councilmember Jessi Lewis seconded; the motion carried as recorded in the minutes.
The minutes record the loan amount and term only; they do not specify interest rate, repayment schedule, collateral or required reporting from the daycare. The motion was recorded as "Motion by Gall, seconded by J. Lewis to approve the 10 year loan for $200,000.00. Motion carried." The council did not attach loan documents or conditions in the minutes.
