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EDA reviews performance matrix for Rooftop project; pricing, senior housing and infrastructure remain unresolved
Summary
Board members received an update on a proposed sale to Rooftop subject to performance metrics, including senior‑housing requirements, an acreage estimate, and a price‑per‑acre to be negotiated; water and sewer upgrades and city involvement were discussed but no action taken.
Authority staff updated board members on a proposed agreement that would sell a parcel to a developer identified in the meeting as Rooftop, subject to meeting a performance matrix and other metrics.
Staff said the arrangement under discussion would have the City of Galax and Grayson County sell property to Rooftop with conditions: the developer must achieve specified metrics…
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