Clarkfield EDA Regular Meeting Agenda April 27, 2026
EDA Loan Supports Local Childcare by Sydney
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Description
The Clarkfield EDA reports an EDA loan to Childcare by Sydney with a current balance of $8,700.00 and monthly payments of $200 scheduled through November 2026. The loan supports local childcare services and is part of the EDA's revolving loan portfolio.
Contract Details
Contract Amount
$12,500.00 EDA loan original; $8,700.00 current balance
Vendor
CHILDCARE BY SYDNEY
Agency
HRA OF CLARKFIELD, MINNESOTA, MN
Contract Type
FINANCIAL_SERVICES
Document Date
April 26, 2026
Contract Term
Monthly payments of $200 until November 2026
Renewal Date
2026-11-30
Renewal Info
Loan includes monthly payments of $200 through November 2026; interest calculations still need to be clarified per the director's report.
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Clarkfield EDA Regular Meeting Agenda April 27, 2026
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