Agenda Item Title:
Authorize the Mayor and Finance Officer to Sign Loan Documentation with Black Hills Community Bank for Executive Golf Division Equipment
Origination Group:
Legal & Finance Committee
Origination Meeting Date:
09/16/2020
City Council Hearing Date:
09/21/2020
Staff Contact:
Tracy Davis
Agenda Item Summary:
This represents a financing package for 3 mowers and 1 Workman HDX vehicles for the Executive Golf Course. Total financing is $145,000.
Funding Source & Fiscal Impact (if applicable):
Funding | Cost Center |
---|---|
Executive Golf Development Fund (Fund 0732) through monthly payments for 5 years. | |
Recommendations:
Origination Recommendation Action:
Approve