Sharon Hueftle from SCEDD attended the October 19 meeting of the Kearney County Board of Supervisors to discuss the County’s remaining economic development dollars.
The board distributed and forgave three $20,000 loans to businesses in the county last year. Last June an agreement for a forgivable loan to Integrity Construction was approved. Integrity Construction has created and maintained three jobs for one year and spent at least $150,000 for business expansion as required by the memorandum of understanding for the loan. Having completed the requirements for funding, the board approved issuing the loan of $105,000 to Integrity Construction. Forgiveness of the loan will be considered at the next meeting.
see October 27 Courier for full story