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Manville EDC authorizes $400,000 payment toward 160‑acre municipal complex

5679840 · August 14, 2025
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Summary

The Manville EDC voted 5-0 to authorize a $400,000 payment to the city toward the 160‑acre municipal complex project; the corporation said funds remain in EDC accounts until requested by the city and that interest earned during holding remains with the EDC.

The Manville Economic Development Corporation authorized a $400,000 payment to the City of Manville toward the 160‑acre municipal complex project, voting 5–0 to release the funds when requested by the city. Board members said this is the second installment of payments previously discussed; the EDC noted that the funds remain in its account until the city requests them and that interest earned while funds are held accrues to the EDC.

The board heard a…

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