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Monongalia County approves $500,000 package to help development authority repair elevator, restate lease terms
Summary
The Monongalia County Commission approved documents to provide $500,000 to the Monongalia County Development Authority to repair a broken elevator, address a main water line, and restate lease-purchase terms including a revised purchase price and repayment schedule.
The Monongalia County Commission voted April 30 to approve a package of agreements and a grant totaling $500,000 to the Monongalia County Development Authority to fund elevator replacement and water‑line repairs at the Wards building and to restate the lease‑purchase terms for the property.
The grant and associated documents were presented as a coordinated package that also restates the purchase/lease terms, formalizes a continued leasing arrangement for MAP (referred to in the record as “MAP” or “MAPS”), sets a revised purchase price, and creates enforcement language to ensure payments in lieu of taxes from non‑government tenants are collected and remitted to the county.
Commission members said the Development Authority is cash‑strapped, the building’s elevator is nonfunctional and major tenants rely on access to the third floor. A county official summarized the package: the grant agreement…
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