County staff told the Wood County Board of Supervisors that closing documents with USDA Rural Development were ready and asked the board to adopt a loan resolution to finalize $3,576,000 in additional loan proceeds for the Barrett Mill project.
The presenter said the county has interim financing in place to carry the project and that closing would occur once construction is complete. The update said construction activity is already visible on Blackberry Drive.
A supervisor moved to adopt the loan resolution and another supervisor seconded the motion. The clerk proceeded to a roll call sequence, but the meeting transcript does not contain a clear recorded tally or a formal announcement of the final vote outcome in the public record excerpt.
Because the transcript does not show the board’s final recorded vote on the resolution during this session, the article reports the motion, the purpose of the requested resolution and that staff will proceed with closing if the resolution is adopted. The county noted that the resolution was provided to rural development so closing documents could be completed.