INTER-FUND LOAN AGREEMENTInter-Fund Loan Agreement • December 6th, 2018
This Inter-Fund Loan Agreement (“Agreement”) between the City of Killeen Aviation Fund (“Borrower”) and the City of Killeen General Fund (“Lender”), shall be effective when approved by the City Council of the City of Killeen. In accordance with the following, Lender agrees to lend to Borrower, and Borrower agrees to repay to Lender, an amount not to exceed the principal amount, and interest accrued on the unpaid transfer balance: