EUREKA - The Woodford County Board approved a resolution for action on its Revolving Loan Fund created by the finance committee sans discussion at its Feb. 19 meeting. The resolution, which produced a lengthy discussion at the committee level, was approved as part of the board’s consent agenda without further comment.
It offers two options for the five remaining loan-holders in the Revolving Loan Fund program. They have the option to stay in the program and continue to make payments to the county as long as the assets are still in place or they can be granted a 30 percent forgiveness of the remaining principal balance and pay off the loan using other financial resources. Those five are: Chip Energy in Goodfield, JustCore Properties of Minonk, SMF in Minonk, Smart Earth Technologies, So-Brite in Eureka and Zimmerman Power Wash and Auto Detailing in Goodfield.
See article on Feb. 28 Woodford County Journal newsstands