City approves $150,000 loan for new NCCM facility
After a closed session discussion at the end of its regular meeting Tuesday, the River Falls City Council voted to authorize a loan to NCCM company for the construction of a new building in Whitetail Ridge Industrial Park. The $150,000 loan is to be paid back over seven years at 4% interest, according to City Finance Director/Assistant Administrator Julie Bergstrom.
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