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Commissioners approve $250,000 reimbursable grants to JOED and Town of Swansboro for economic-development site work
Summary
The board approved two $250,000 reimbursable grants to the Jacksonville Onslow Economic Development Partnership (JOED) for site construction tied to two parcels in Swansboro; grant funds will be managed under a grant agreement and an MOU with the town and are repayable within three years.
The Onslow County Board of Commissioners approved a pair of reimbursable grants May 19 to support the Jacksonville Onslow Economic Development Partnership (JOED) and the Town of Swansboro’s purchase and site‑preparation of two parcels intended to attract new industry.
JOED requested two $250,000 grants — each tied to a parcel — to complete marketing‑ready site construction after JOED acquires the properties. County staff said the grants will be governed by a grant agreement with JOED and a memorandum of understanding with the Town of Swansboro, and that grant funds will be repaid to the county within three years.
The board approved the grant agreement and the MOU by voice vote; no members of the public signed up to speak on the item at the hearing.
Ending: Commissioners said they support the project as part of countywide economic-development efforts and authorized the county to finalize the grant paperwork and the MOU with Swansboro.
