[{"_1":2,"_123":-5,"_124":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87,99,111],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6282148,"mediaKeyId","2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982","parentId",2598707,"title","Votes at a glance: VBDA approves minutes, golf renovation, incubator sublease and moves to closed session","audioSeconds",5465,"startMs",233000,"endMs",5698000,"viewUrl","/Search/View?dp=1&key=2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982&start=233&end=5698","thumbnailUrl","https://assets.pipeline.soar.com/2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982/thumbnail_233000.jpg","articleUrl","/articles/6282148/Virginia-Beach/Princess-Anne-County/Virginia/Votes-at-a-glance-VBDA-approves-minutes-golf-renovation-incubator-sublease-and-moves-to-closed-session","mediaUrl","https://secure.pipeline.soar.com/6282148-07bb5071544f7599ca111bf556d3ebae/orig.mp4?Expires=1770983135&Signature=ZtH~Ij9anBhbkJYRcYJZAS3dakQvB0ayVAcBfL4~gk7233UywVJ0ZRf67K2zTQktfHILHJoBLpeUcmqcyApRvgveulJKGGH6PSoyOQq4SaF1m79UR7cfBPk~KfIspZ9eI8AWAVmYQ2-VBVazys8XnMr5YQNGDn2iUCuO7lC7w3Nhb9DFVXkKwjYQhKRPK-VInmghmI7U2HBHpqGfx1n78EcgIcqBBlKva7bgHVVjgqUuuzLdAqlG7uYYV2zbhKaDanPEmIkCEbfQo7K4DQPW~Zc8-x3l7GUd9cvTxhB9LCWnCR3LGrClkR16HLrIYom4fkVbIDxW83laFWrOzCxz1g__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Va Beach","date","2025-03-11T00:00:00Z","article","The Virginia Beach Development Authority recorded several formal actions on March 11. Key outcomes and formal motions follow.

- Approval of minutes: The board approved the minutes of the February 11 meeting. Motion to approve was made for Mr. Franklin and seconded by Mr. Weisensteel; the motion carried on a voice vote.

- Virginia Beach National Golf Course interior renovation: The authority approved an award to the apparent low bidder (Benar Construction) with a not‑to‑exceed authorization; motion by Kathleen O’Neill, second by Penny Morgan; voice vote carried.

- Facade Improvement Grant awards: The board approved nine FIG awards totaling $45,211 as recommended by staff; motion by Mr. Standing, second by Mr. Weisensteel; the chair disclosed a conflict and abstained on one applicant (GMT Suites).

- International incubator sublease: The authority approved a two‑year sublease in the international incubator to Valtech Group, with the first six months free and incremental rent thereafter. Motion by Mr. Franklin, second by Mr. Bronke; voice vote carried.

- Motion to enter closed session: The chair moved, seconded by Mr. Kaplinger, to recess into closed session under Virginia Code exemptions for (1) discussion of public contracts, (2) acquisition/disposition of publicly held property (Districts 2 and 5), and (3) prospective business or industry (District 3). The motion passed on a roll‑call vote with each commissioner recorded as voting yes.

Where motions included movers and seconders, those names are recorded as announced during the meeting. Several items approved on voice votes did not have a roll‑call tally recorded in the transcript. Any project that requires expenditures beyond approved not‑to‑exceed caps was recorded as requiring return to VBDA for additional authorization.","mediaType","Video","parentTitle","Virginia Beach Development Authority - 03/11/2025","oneSentenceSummary","On March 11 the Virginia Beach Development Authority approved meeting minutes, a golf‑course renovation award, an international incubator sublease and a slate of façade grants, then voted to enter a closed session on contracts, property and prospective business discussions.","taxTitle","Virginia Beach, Princess Anne County, Virginia","taxId",4851,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6282153,"Development Authority approves nine façade grants totaling $45,211 to small businesses",789,4323000,5112000,"/Search/View?dp=1&key=2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982&start=4323&end=5112","https://assets.pipeline.soar.com/2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982/thumbnail_4323000.jpg","/articles/6282153/Virginia-Beach/Princess-Anne-County/Virginia/Development-Authority-approves-nine-façade-grants-totaling-45211-to-small-businesses","https://secure.pipeline.soar.com/6282153-310c9f74f101f5b2ea1ede1c7a98c49b/orig.mp4?Expires=1770983135&Signature=a9GAAx9OGh0zrBmrPJP31HNYDZMp6o3MXGKMbqhyxPhuj4kz4Izznc4cJ~qX1lTYb6AFNYSWiTZOJraskLIYqol1qSCU3sX-9~AHEKMa2ixtzr-nkPW9g0v8dh5DVhA3-l0O8XyNDp6i0890WpaaXoo0ViAISWuQjPLFBni4JgYy0v9~U-0PhNTQkhgflP8ySu1L2HGcGVwh8hcakVhJ8V-GWrHxUv-ZQdZF2S4FYiKzj9vwboJ78IPzegYYbivlpXS3Z47bjvqjk9ZgG~0XmVvJeUqwm6UoZmXo4J-HVbcDW59Umex~WMkQOfrgjtBbH9AHiDeSS9mmEMp1NpkuKA__&Key-Pair-Id=KUT5TJCACFTXG","The Virginia Beach Development Authority approved nine Facade Improvement Grant awards on March 11 amounting to $45,211 to support exterior repairs, signage, lighting and parking improvements for small, local businesses across several city districts.

Rose Dahl Granberry presented the program background and reviewed 14 applications received since the January launch. She said the program provides matching grants to locally owned small businesses in commercial or industrial zones; awards run from $1,000 to $10,000 and recipients have six months to complete work after receiving funds.

Staff recommended nine awards (total requested $45,211) and estimated the projects would leverage about $95,440 in private investment, leaving an estimated program balance of about $64,556 after the awards. The recommended awards and grant amounts were:

- Beach Bullock (601 19th St.) — grant $7,500 (estimated investment $15,000)
- GMT Suites and More (5660 Indian River Rd.) — grant $2,185 (estimated investment $4,370)
- Vintage Cauldron (3920 Virginia Beach Blvd.) — grant $3,307 (estimated investment $6,613)
- Rockefellers (308 Mediterranean Ave.) — grant $10,000 (estimated investment $20,000)
- Connell Longboards (1704 Atlantic Ave.) — grant $2,593 (estimated investment $5,187)
- Robin Consultants (2840 South Moonhaven Rd.) — grant $10,000 (estimated investment $25,000)
- Driveway Motors (5176 Virginia Beach Blvd.) — grant $5,500 (estimated investment $11,000)
- Badass Coffee / Emery McAfee (619 18th St.) — grant $3,250 (estimated investment $6,500)
- MNPN Ladies Boutique (3972 Holland Rd.) — grant $886 (estimated investment $1,773)

The authority moved to approve the recommended nine awards. The motion, moved by Mr. Standing and seconded by Mr. Weisensteel, passed on a voice vote with one abstention: the chair said she would abstain from voting on the GMT Suites item because her firm represents that property’s landlord. Staff invited award recipients in the room and thanked applicants.

Rose said the program remains open for additional applications and that nonprofits are now eligible. Staff noted applicants can access program materials online.","The VBDA approved nine Facade Improvement Grant awards across multiple districts to support signage, lighting, parking and exterior repairs; one commissioner abstained on an item tied to a client relationship.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6282159,"VB National Golf Course bid approved for interior renovation despite higher cost than estimate",366,2840000,3206000,"/Search/View?dp=1&key=2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982&start=2840&end=3206","https://assets.pipeline.soar.com/2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982/thumbnail_2840000.jpg","/articles/6282159/Virginia-Beach/Princess-Anne-County/Virginia/VB-National-Golf-Course-bid-approved-for-interior-renovation-despite-higher-cost-than-estimate","https://secure.pipeline.soar.com/6282159-96d570eed1b4e89ba360551086b7a5fe/orig.mp4?Expires=1770983135&Signature=DtBaNOqdP~vR8VsJSpxHDlcXLnot13Co0XE9Z7xxpxvSa6Qid7PM2pRcxmJQKtyl6EQa5U3SvuJMma4P8igHMclMLULvJt984yyIeBRrSCJp-XJPkiPEo2WWMuraHtzEiu63MOVMTiHo9fCf7P~NfGRXdyFb63AORvF5LN6HyIE1fSjlioIqt-YG1BTBhsbNc37dFqxOV~1DoLhvheupNkNmT7SZPCGi39jOoBPzqMKAHVGF77glrsMhzLXAmAKRYrJqVmDhddEvW~GVEw-env51kcravHfApXrRGDQxNcchbNjfA~7EqP1U6EsREvlAfuIO6ApvkpFWiqwKlaioWw__&Key-Pair-Id=KUT5TJCACFTXG","The Virginia Beach Development Authority voted on March 11 to award a not‑to‑exceed contract to the apparent low bidder for interior renovations at Virginia Beach National Golf Course, even though the low bid exceeded the estimate approved in January.

Pam Witham, presenting the bids, said the authority had previously approved $180,000 for interior renovations that will include new flooring, painting, removal of wall coverings, updated interior/exterior lighting and replacement of doors and windows identified in a 2024 facility assessment. The lowest apparent bid, from Benar Construction, was $259,827 — roughly $80,000 above the earlier appropriation.

Pam told the authority that ongoing projects — the HVAC replacement (scheduled to finish in May) and clubhouse roof replacement (also expected to finish in May) — plus planned capital maintenance for a stormwater project at Lake 1, meant staff wanted to keep available reserves for the golf course. Pam said the capital account still had approximately $1,000,000 remaining after accounting for projects under way and that staff recommended approving the low bidder with a not‑to‑exceed amount so the authority would have to reauthorize additional funds if the project were to exceed the cap.

Commissioner Kathleen O’Neill moved to approve the low bidder with a not‑to‑exceed cap; Penny Morgan seconded. The motion passed on a voice vote with no recorded opposition.

Pam said staff will report on the status of all golf‑course projects at the next meeting so commissioners can see estimated versus actual costs for each phase. The authority approved the award and set a not‑to‑exceed cap so any overrun would require a return to the authority for additional authorization.","The Development Authority approved a not‑to‑exceed award to Benar Construction for interior renovations at Virginia Beach National after staff reported the low bid exceeded the original estimate; commissioners approved a not‑to‑exceed amount with plans to monitor other projects.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_47":105,"_49":106,"_51":107,"_53":108,"_55":56,"_57":58,"_59":109,"_61":62,"_63":64,"_65":110,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6282164,"Staff proposes tax‑increment performance grant to incentivize workforce housing in Virginia Beach",862,3180000,4042000,"/Search/View?dp=1&key=2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982&start=3180&end=4042","https://assets.pipeline.soar.com/2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982/thumbnail_3180000.jpg","/articles/6282164/Virginia-Beach/Princess-Anne-County/Virginia/Staff-proposes-taxincrement-performance-grant-to-incentivize-workforce-housing-in-Virginia-Beach","https://secure.pipeline.soar.com/6282164-df37385303d4ac700c062150bd05f439/orig.mp4?Expires=1770983135&Signature=h34F-bvG7dLa1lezxeo4dlzXY-6S~Su-IOE9hcnTIqYDbrsI5iTWX-CYQlyydG6YJmB6xm1R077rGZwkZckSKEvwP9dcQTxWYvpFXs3-OWW2QpNuY6cT8iPl0KiK~5IRYYWKL93tVHI7O3RZywO6QgiQTzfuq6-iE-TSEbZELdEyCrbSTTtkcF7-z6RCT-VcYRwUFmitZw3GqA-iM1t2huTjbo2aQshrjOV3x7HeBL3EajhsKk8YemVLtU-~UHeoOB3QVCqa6-IgR8q51~XXj86HXFr~eYWHdTkvrkxH3JfLR9NepQXGpv7qjd1JmvWvN-e~4QcXF4cqZWYbxLR5~A__&Key-Pair-Id=KUT5TJCACFTXG","City staff presented a proposed grant program to the Virginia Beach Development Authority on March 11 that would use a share of incremental real‑estate tax revenues produced by a new development to subsidize construction of workforce and affordable rental housing.

Ruthie (staff presenter) and subject matter expert Sharon Shiff described the proposed program, to be called the Attainable Workforce Housing Performance Grant, and said it is being developed under an amendment to Virginia’s Industrial Development and Revenue Bond Act enacted by the General Assembly in 2022. Ruthie told the authority the grant would pay a developer a percentage of incremental real estate taxes levied on improvements above a baseline, subject to project eligibility and performance requirements.

The program would apply to new construction of affordable rental units (not to acquisition/rehabilitation projects or projects that have already started construction). Eligible projects must show a pro forma gap and may be fully affordable or mixed‑income; units rented at or below 80% of area median income (AMI) would qualify, with enhanced incentives for units at or below 50% AMI. The grant payment would begin on July 1 following project completion and end after a 15‑ or 30‑year performance period. Payments would be capped at the incremental real‑estate taxes generated by the improvements and prorated by the share of residential and affordable units in the project. Staff said payments would be made only after timely tax payment is demonstrated.

Staff cited Richmond’s 2023 program as a model: Richmond charges a small administrative fee and reported 26 projects and roughly 3,400 rental units under construction or in the pipeline under that program, which staff said demonstrates feasibility. Ruthie recommended that each Virginia Beach project apply individually and that approvals require both VBDA and city council action, plus the standard planning and zoning processes.

Staff said an ordinance creating the program would be presented to city council in April 2025 and that the department and VBDA would return with program materials and an evaluation after two to three years. During discussion, commissioners asked whether grants would transfer with property sales (staff noted the regulatory agreement would be site‑specific and that the affordability covenants would typically run with the land) and whether the program would increase demand on city services; staff said impacts on schools and services would be assessed through the normal planning and zoning review when required.

No formal board action was taken; staff requested guidance to continue drafting the program and to proceed to council for ordinance consideration.","City staff outlined a new ‘Attainable Workforce Housing Performance Grant’ using a share of incremental real‑estate tax from development to make new affordable rental projects financially viable; an ordinance is expected to go to council in April.",{"_33":112,"_35":36,"_37":38,"_39":113,"_41":114,"_43":115,"_45":116,"_47":117,"_49":118,"_51":119,"_53":120,"_55":56,"_57":58,"_59":121,"_61":62,"_63":64,"_65":122,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6282168,"Audit finds reporting gaps, recommends reconciliations for Veterans United Amphitheater",1148,642000,1790000,"/Search/View?dp=1&key=2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982&start=642&end=1790","https://assets.pipeline.soar.com/2598707-0a3ba3fcd1b45d9fa30adf3f5dc23982/thumbnail_642000.jpg","/articles/6282168/Virginia-Beach/Princess-Anne-County/Virginia/Audit-finds-reporting-gaps-recommends-reconciliations-for-Veterans-United-Amphitheater","https://secure.pipeline.soar.com/6282168-3e8d142b0fd03110b1bfadf47aefac8f/orig.mp4?Expires=1770983135&Signature=GTB62RdmivEky-y6-aIw2w6fJrxxt3cNbKTi968VepYg-rxQ~ibBh-Ngc~IrE4yEnEQ3XGMsnu7wnIhaTWqTWU8B3erjHSz6qxHcpHt6Jl8~CzsTeiXU7Ap4~pvzWsVNdfM6DXOYC1FB9C69JA~wI8nanRW51bbJqLlToF6Fxc9tZHCUfrfHFg36JrExvdP~LqFVZwYa0-R5jEGRnH1mbFylVSGU5ZIKmw7J6Oadkvm4b-aW5FbbnJBpIPOF5Oa8lBat172Vz-VuVsaM9IDfxftrD3xtOMr69zcrtC69Ks~VXN4Zl75iW6RInt4cABEmAIDJlLIh83mm8WhjbCsoPA__&Key-Pair-Id=KUT5TJCACFTXG","External auditors presenting to the Virginia Beach Development Authority on March 11 said procedures for calculating rent and local taxes at the Veterans United Home Loans Amphitheater do not fully comply with the facility lease and recommended stronger reconciliations and certified financial reporting.

The audit, presented by Linden (audit presenter) and Keith (audit presenter), reviewed revenue, rent calculations and remittance of local taxes for the 2023–2024 concert seasons and compared reported amounts to the ground-lease and facility-lease agreements. Linden described the amphitheater as “a prime attraction of our city,” and stressed the audit focused on whether revenues and taxes were recorded and remitted in accordance with the agreements.

Auditors said they found two primary issues. First, Live Nation did not provide a reliable breakdown of ticket revenue in a form VBDA could use to recalculate basic rent; ticket revenue was maintained in ad-hoc Excel spreadsheets, which auditors flagged for formula and completeness risks. Keith said, “the purpose of the audit was to determine whether Veterans United Home Loans Amphitheater operates in compliance with the terms and conditions set forth in the management agreements.” He said the available ticket documentation made it difficult to re‑create the basic rent calculation from the annual income statements.

Second, auditors said VBDA could not always confirm that local portions of sales and admissions taxes were reported and paid as required by the lease. The auditors identified specific lapses including instances where items such as chair rentals, some concession items and merchandise (for example, blanket sales in packaging) were not separately reported to VBDA and a formula error in an Excel worksheet that produced a $12,800 admissions‑tax discrepancy in one month. Auditors said Live Nation had not furnished quarterly or annual financial statements to VBDA for the past five years, making independent verification harder.

The auditors' recommendations included: 1) require Live Nation to provide source documents and a reliable annual reconciliation tying per‑performance ticket and parking amounts to the annual income statement; 2) require Live Nation to certify as “true and correct” amounts reported to VBDA prior to remittance; 3) have VBDA confirm tax payments with the proper tax authority; and 4) require periodic audited financial statements from Live Nation for VBDA review.

During discussion, commissioners and staff asked how often audits occur (auditors said this was the first in their recent series of facility audits) and raised the risk that underreporting would reduce admission tax revenues that feed a TIF (tax increment financing) fund. Staff noted Live Nation had engaged an external auditor (recorded in the meeting as Cherry Beckert) and that audited statements for prior years were expected to be provided; auditors said Cherry Beckert was working on multi‑year audits for calendar years 2021–2023.

Staff and auditors agreed to follow up on procedures, timing and the specific supporting documentation VBDA will require from Live Nation. No formal board action was taken at the presentation; the auditors closed by reiterating that the amphitheater could more closely operate in compliance with the lease terms if the recommended reconciliations and certifications are implemented.

The authority and city staff said they will continue to work with the amphitheater general manager and Live Nation to tighten reporting and to confirm tax remittances.","External auditors told the Virginia Beach Development Authority that Live Nation and VBDA need stronger reconciliations, certified statements and verification of tax remittances after tests found spreadsheet errors and incomplete documentation.","actionData","errors"]

Article not found

Votes at a glance: VBDA approves minutes, golf renovation, incubator sublease and moves to closed session

Development Authority approves nine façade grants totaling $45,211 to small businesses

VB National Golf Course bid approved for interior renovation despite higher cost than estimate

Staff proposes tax‑increment performance grant to incentivize workforce housing in Virginia Beach

Audit finds reporting gaps, recommends reconciliations for Veterans United Amphitheater