Agenda Item

Item 12 – Approve Loan/Grant (0103)

Meeting dateJanuary 12, 2026
Agenda item12
SourceTown-posted agenda

Agenda item transcription generated from the separated Town-posted agenda for search and navigation.

SUGGESTED MOTION: Move to approve the loan in the amount of $200,000 with
the State Department of Economic and Community Development for a term of 20 years
at 1.5% interest for remediation of building #22 at the former mill site.
MOTION: SECOND: VOTE:

2

Regular Town Council Meeting
January 12, 2026