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Oasis Spas loan being written off

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The Wadena City Council dealt with Minnesota Investment Fund loans and other agreements and items during its regular monthly meeting Tuesday.

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The council closed out a MIF grant for Homecrest.

Wadena Development Authority director Dean Uselman said that means the reporting requirement has been completed, and not that the loan goes away.

The grant went to the city and was then loaned to Homecrest Outdoor Living. It would then go to a revolving loan fund.

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