Commissioners approve $75,000 IDA loan to Reed's Auto Sales and Service
The board approved an IDA loan of $75,000 to Reed's Auto Sales and Service with a five‑year term at 1.5% interest; commissioners said the funds would finance building improvements and equipment.
The full story
The Cameron County commissioners voted to approve an Industrial Development Authority (IDA) loan to Reed's Auto Sales and Service for $75,000, with a five‑year term at an interest rate of 1.5%.
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