Tia Nelson

The Board of Commissioners of Public Lands reviewed and approved four loan applications totaling $1,401,000 for various municipalities, including highway projects, building renovations, high school remodeling, and equipment purchases. Additionally, the Deputy Secretary provided a report regarding an anticipated loan application from Washington County.

The board reviewed and approved a loan portfolio item concerning a $700,000 request from the town of Phelps to purchase a fire truck. Reports were provided by the Chief Investment Officer and the Executive Secretary, the latter highlighting progress on budget alignment and agency onboarding. The Board Chair commended the team's ongoing work and progress, and the meeting concluded with a brief discussion regarding future scheduling.

The Board approved a $700,000 State Trust Fund Loan for the Town of Phelps in Vilas County to finance the purchase of a fire truck. Reports were provided by the Executive Secretary regarding agency budget and staffing, and by the Board Chair concerning weekly check-ins on agency priorities and progress.

The Board of Commissioners of Public Lands approved a total of $1,144,500 in State Trust Fund Loans for five community projects, including wastewater treatment facility design, a new town hall, a plow truck purchase, bank note refinancing, and police equipment. The meeting also featured reports from the Executive Secretary and the Board Chair, highlighting successful timber harvest earnings, the impact of landbank authority on land management efficiency, and upcoming conference attendance.

The board discussed and approved a series of state trust fund loans for multiple municipalities to support projects including roadwork, equipment purchases, wastewater facility design, and the construction of a new town hall. The executive secretary provided a report regarding timber harvest earnings and landbank legislation, and the board chair noted attendance at an upcoming professional conference.