Peoria Public Radio Staff
Tue October 15, 2013
Tri-County looking to extend borrowing power
“I think we’ve got some longer term payments that are still due for work we did in the first-quarter of this year from federal sources that have been slowed down,” Rand says.
The bank must still sign-off on the request to extend the line of credit. The request comes at a time when Tri-County still owes 50-thousand-dollars on a contract with Vital Economy for regional development. In other business the Executive Board is set to vote on a Separation Agreement with its long-time director Terry Kohlbuss Thursday. Kohlbuss has been on extended leave for nearly a month.