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EDA approves revised memorandum of understanding with county; fiscal services moved to separate agreement
Summary
The Albemarle County EDA approved a revised memorandum of understanding with the county that removes the fiscal/fee provisions and directs staff to negotiate a separate fiscal services agreement with the county finance department; the EDA will transmit the revised MOU to the Board of Supervisors for their consideration.
The Economic Development Authority approved a revised memorandum of understanding (MOU) between Albemarle County and the EDA that removes the fiscal-service fee from the MOU and directs staff to pursue a separate fiscal services agreement with the county finance department.
Staff…
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