City Council approves loan to Havre Eagles Manor
June 5, 2018
Havre City Council approved a $125,000 loan Monday to the Havre Eagles Manor to make repairs in the retirement living facility.
Affiliated Developers Inc., a Michigan nonprofit, is in the process of purchasing the Eagles Manor, working in conjunction with a Montana company during this process, Havre City Clerk and Finance Director Doug Kaercher said in an interview Monday.
The loan is guaranteed by the nonprofit, Havre Mayor Tim Solomon said during Monday's council meeting.
That guarantee is in place even if the sale falls through, Kaercher said this morning.
Push to keep fighting on...