lanesboro_economic_development_authority_minutes_m.pdf
$40,000 loan approved for Raging Root Adventure Arcade
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Description
Lanesboro EDA approved a $40,000 loan to Raging Root Adventure Arcade, LLC for property repairs and upgrades over 7 years at 2% interest, contingent on collateral agreement.
Contract Details
Contract Amount
$40,000
Vendor
RAGING ROOT ADVENTURE ARCADE
Agency
City of Lanesboro, MN
Contract Type
Loan
Document Date
May 1, 2025
Contract Term
7 years
Renewal Date
NA
Renewal Info
NA
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