Aug 19, 2026BoardMeeting
BoardDouglas County Revolving Loan Fund, Inc. Executive Board Executive Board Meeting Minutes
The executive board reviewed a loan request for $25,000 from JLKnutson Properties, LLC for the rehabilitation of an existing building in the Town of Gordon. The board moved into a closed session to discuss the matter and subsequently reconvened to approve the loan with a 5.5% interest rate, a 60-month term, and a 120-month amortization schedule, including requirements for automatic payments and a personal guarantee.