Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Montgomery County EDA will serve as passthrough for Town of Blacksburg facade grant program
Montgomery County Economic Development Authority · December 17, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The EDA approved a resolution to allow the Town of Blacksburg to route reimbursement-based facade grant payments through the EDA; staff clarified the EDA will not act as fiscal agent and will disburse funds only after town authorization.
The Montgomery County Economic Development Authority voted to approve a resolution that allows the Town of Blacksburg's new facade grant program to operate through the EDA as a pass-through vehicle.
Speaker 5 explained the town's program is reimbursement-based and that the EDA is legally suited to receive town funds…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
