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Council hears Stafford Economic Development Corporation budget; members request project detail
Summary
Council members reviewed a summary of the Stafford Economic Development Corporation budget and asked staff for more detail on capital projects including drainage, Pike Road and the Stafford Center. There was discussion but no recorded final council action in the transcript excerpt.
Stafford City Council members discussed the Stafford Economic Development Corporation’s (SEDC) proposed budget for the coming fiscal year and asked staff and SEDC representatives to provide additional detail on several capital projects.
The SEDC representative summarized the corporation’s operating plan and capital allocations, listing three main categories: operations ($4,662,754.57), debt service ($1,689,440), and capital…
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