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Board conditionally backs MPPDC support agreement for $500,000 VRA line of credit
King William County Board of Supervisors · December 9, 2024
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Summary
The Board agreed to support a Middle Peninsula Planning District Commission request that member jurisdictions sign a support agreement to enable a $500,000 VRA line of credit for grant cash-flow; King William’s approval was conditioned on other jurisdictions joining to spread cost.
County staff presented a request from the Middle Peninsula Planning District Commission (MPPDC) for member jurisdictions to sign a support agreement enabling a $500,000 Virginia Resources Authority (VRA) line of…
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