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KIRKSVILLE, MO. -- The City of Kirksville is providing money to help build a new parking lot for A.T. Still University's new dental school.

The three members of the city council present at Monday evening's meeting voted unanimously in favor of a resolution authorizing a $100,000 loan to ATSU.

The money for the new parking lot will come from the city's Revolving Loan Fund, and the loan will be spread out over a five-year period.

At the end of the five years, the loan will be forgiven if the medical school brings in 35 new dental students per year for five years and creates and retains at least 10 new jobs.

"From the city's standpoint, we're just excited. This is an amazing economic development opportunity. It's enhancing our base of employment."

Macomber told KTVO both entities believe using the money to build a new parking lot would be the best use of the funds.

"If they can put it towards infrastructure, something that you can see, something tangible, it's always better because then you know this is what it costs. The council and A.T. Still (University) both agree that infrastructure would be the most ideal use for the city's revolving loan funds."

In other action Monday night, the city council unanimously approved a request from the Kirksville Bass Club to use Forest Lake and Hazel Creek Lake during the club's four scheduled tournaments this year.

The council also approved the use of outboard motors exceeding 90 horsepower at idle speed during the Bass Club’s tournaments at Forest Lake only.

Council members also unanimously approved a zoning variance allowing Kirksville attorney Josh Meyer to construct a metal storage building behind his office building at 1003 E. Jefferson Street.