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Posted: April 05, 2019
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF041019 10

Agenda Item Title:

Authorize Mayor and Finance Officer to sign Loan Documentation with Black Hills Community Bank for Parks Division Equipment

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
04/10/2019
City Council Hearing Date:
04/15/2019
Staff Contact:
Tracy Davis
Agenda Item Summary:
This represents a financing package for a tractor and a boom mower for the parks division. Total financing is $145,000

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
Parks Division through monthly payments for 5 years

Recommendations:

Origination Recommendation Action:
Approve

Attachments & Links to Download:

pdf LF041019 10 Loan Documentation

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