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Brown County Considering Loan For Multiple Projects

Brown County officials are expected to vote on a loan that could provide improvements to a number of county buildings. (Brock Turner, WFIU/WTIU News)

The Brown County Council is expected to vote on a measure that would determine the status of an up to $3 million-dollar loan during its meeting Monday.

The county says the loan is necessary, despite slashing money to try to balance its budget.

Commissioner Diana Biddle says the county will likely borrow $2 to $3 million. That’s more than leaders initially anticipated, but they hope to avoid paying administrative costs twice.

“It is going to cost the same amount of money to borrow two million dollars as it is going to cost three million dollars,” she says.

Administrative fees can run upwards of $50,000.

Among other things, the loan will help pay for improvements to a police radio tower, bleachers at the county fairgrounds, and the historic courthouse’s bell tower.

Biddle says some of it will also be used to make changes at the prosecutor’s office, which could be impacted by a proposal to build a new Justice Center.

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