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Council unanimously approves reamortization of 1998 USDA LID loan after mayor recuses

Harrison City Council · November 14, 2024
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Summary

The Harrison City Council voted unanimously to reamortize the 1998 USDA local improvement district (LID) loan; Mayor Wanda Irish recused herself from that agenda item and handed the meeting to Council President Josephine Prophet.

The Harrison City Council voted unanimously on Nov. 14 to reamortize the 1998 USDA LID loan after a formal motion and second. "Will Butler made a motion to reamortize the 1998 USDA LID Loan," the minutes state. John Gray seconded the motion and all voting council members recorded AYE.

Mayor Wanda Irish recused herself from the discussion and handed the meeting over to Council President Josephine Prophet before the vote. The minutes do not specify the loan balance, interest rate, duration, or any changes to payment amounts; those details were not provided in the packet excerpts included in the minutes. The council did not record any amendments to the motion in the minutes.

The action was recorded under Old Business on the Nov. 14 agenda. The minutes show the council treated the item as a formal action with a recorded motion, second and roll-call votes. No public comments on the loan were recorded.