Monday night’s regular monthly council meeting in Balaton saw the official approval of an EDA loan to keep the municipal liquor store operational.
At a special meeting on Jan. 12, it was decided the EDA would loan the store up to $30,000. The store is currently operating at a $4,000 loss, although profits have seen some variability over the past five years.
A representative from the Minnesota Municipal Beverage Association (MMBA) had been in communication with the city after seeing the liquor store needed a loan to remain operational.
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