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Select Board rescinds 2017 EDIC order, approves revised spend plan to advance economic development planning

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After a legal review showed the town’s 2017 Economic Development Industrial Corporation order lacked required state certification, the Select Board rescinded the order and approved a revised spend plan (Table B) to fund an economic development study and related consulting services.

The Town of Templeton’s Select Board voted on Jan. 8 to rescind a 2017 Economic Development Industrial Corporation (EDIC) order after town counsel concluded the earlier order had not completed required state-level steps. The board also approved a revised $200,000 spend plan amendment for a state earmark to fund planning and consulting work.

Lede: The board rescinded the prior EDIC order and then approved a revised allocation of previously earmarked funds (Table B) that the board and MRPC said would pay for an economic development plan, legal support, signage/marketing, engineering site assessments, and limited supplies for…

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