THE FAIRMONT ECONOMIC DEVELOPMENT AUTHORITY ON MONDAY APPROVED A REVOLVING LOAN FUND PLAN FOR THE CARES ACT.. THE PLAN INCLUDES DEVELOPMENT OF A LOAN COMMITTEE TO DETERMINE ELIGIBILITY SMALL BUSINESS LOANS. FAIRMONT ECONOMIC DEVLOPMENT COORDINATOR LINSEY PREUSS SAYS INTEREST HAS BEEN EXPRESSED BY 5 ENTITIES SO FAR.

THE AUTHORITY ALSO APPROVED A CONTRACT WITH REMAX TOTAL REALTY FOR SELLING LOTS IN THE WHITETAIL RIDGE HOUSING DEVELOPMENT JUST SOUTH OF THE JEFFREY KOT FIELDS-FAIRMONT SOCCER COMPLEX.