Local financing approved for county road equipment purchase

A local bank will provide financing for a paver approved for purchase by Antelope County Commissioners on May 9.

During the July 3 commissioners’ meeting, in Neligh, lawmakers approved financing for a paving machine, through the Bank of Elgin, following a review of submitted proposals. Commissioner Keith Heithoff made a motion to approve either a 4.7% fixed-interest semi-annual payment or an annual five-year loan, with a payment of $90,000 per year, and a final balloon payment. Commissioner Eli Jacob seconded the motion, which passed, 4-0. Commissioner Regina Krebs was not in attendance.

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