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Council approves $50,000 fund to help businesses hit by city construction, councilor recuses
Summary
The council authorized a city-funded $50,000 reserve to be administered by the Winchester Economic Development Authority to reimburse small businesses for documented losses when city construction blocks access; Councilor Sloane recused herself because of a disclosed property/business interest.
The Winchester City Council voted May 13 to establish a small-business assistance program for businesses affected by city construction and authorized the Winchester Economic Development Authority (EDA) to administer the fund subject to appropriation.
Under the approved resolution, the city will make $50,000 available from the contingency fund to help businesses demonstrate true losses related to city construction projects; eligible businesses may apply for assistance up to $10,000 per business. Staff said applications…
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