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Rock Island Today

Saturday, November 23, 2024

City of Rock Island Commercial Industrial Revolving Loan Fund Board met May 9

City of Rock Island Commercial Industrial Revolving Loan Fund Board met May 9.

Here is the agenda provided by the board:

1. Call to Order and Roll Call

Mayor Mike Thoms

Joan Dean

Lawrence Davis

Alderman Bill Healy

Thomas Thoms

Brandy VandeWalle

2. Public Comment

3. Opening Items

A. Approval of March 14, 2022 Meeting Minutes

Recommended Motion: Move to approve minutes of March 14, 2022 meeting.

B. Review of Active Loan Report

4. Old Business

A. Follow-up on Open Loan Files

B. Application Status Update

C. Collection Agency Contract Status

D. Marketing Plan Update

E. Website Refresh Update

5. New Business

A. Review of Underwriting RFQ Responses

B. Request for Settlement of Unpaid Balance

6. Other Business

Next Meeting: July 11, 2023 or as needed to review an application

7. Adjournment

Recommended Motion: Move to adjourn. 

https://www.rigov.org/AgendaCenter/ViewFile/Agenda/_05092023-1158