Supervisors approve $1.5mil in loans for various updates and repairs

The Wright County Board of Supervisors held their weekly meeting on Tuesday of this week as Monday was the Presidents Day holiday. Supervisor Rick Rasmussen was not present at the meeting.

            The board approved a resolution “authorizing and approving Loan Agreements, combining Loan Agreements, providing for the issuance of a General Obligation Corporate Purpose Note and providing for the levy of taxes to pay the same.” The two loans total $1.5 million, all from one lender, First Citizens Bank at 2.85%. They can be drawn down over the next couple of years.