Mound council discusses updates

At the May 23 council meeting, the Mound City Council approved a pair of modifications for the redevelopment plan for the Mound Harbor Project Area and establishment of the Harrison Bay Senior Housing TIF District, as well as a loan for certain costs tied to that project.

There was some discussion on the size of the loan, with the council agreeing on an inter fund loan of up to $10,000, with a four percent interest rate, from the general fund to help the Mound Housing and Redevelopment Association with necessary costs.

Full story here: Laker & Pioneer | Mound council discusses updates