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City loans $30K for new cattle barn

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To help get construction underway on the new cattle barn at the fairgrounds, the East Otter Tail County Fair Board will be borrowing $30,000 from the city of Perham.

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City councilors unanimously agreed to loan the money at their regular meeting last week.

The loan is for three years, at a 3 percent interest rate, with payments due twice per year.

Councilors and representatives of the fair board had earlier reached a consensus on the terms of the loan.

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Marie Johnson
Marie Johnson (formerly Nitke) came to the Perham Focus after several years as the Education and Arts & Entertainment Editor at the Herald-Review of Grand Rapids, Minn. She lives in rural Ottertail with her husband, Dan, and their spunky yellow lab, Louisa.
(218) 346-5900 x228
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