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Fri November 8, 2013
Rhinelander Gets BCPL Loans
The Board of Commissioners of Public Lands have approved two State Trust Fund Loans for nearly three-quarters of a million dollars for Rhinelander.
Board Executive Secretary Tia Nelson outlines the loans...
"...the board approved $4.7 million dollars in lending to communities across the state. Two of those loans were for the city of Rhinlander. One is to purchase a new fire engine while the other is to do mitigation for the site prep for the ABX facility...."
The fire truck purchase is for $657,000, while the loan to Rhinelander for mitigation for the site prep for the ABX expansion came to $113,000 dollars. That money is paid back to the board and then used to fund school district libraries across the state.