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IDA accepts minutes and financials, sets deadline for JBF assignee documentation
Summary
The board approved prior meeting minutes and November financials, reviewed the micro-enterprise grant, discussed and carried a motion requiring an assignee of the JBF facility to provide documentation and assume obligations by a board-set deadline (January timeframe).
The board handled routine governance items and acted on a contentious property-assignment matter. Speaker 2 moved to accept previous meeting minutes and public-hearing minutes; both motions were seconded and the board voted 'aye' to approve the minutes. Speaker 1 presented the November financials, reported final payments on solar projects and said the agency’s finances are in good shape; the financial report was moved, seconded and approved.
In the JBF matter, counsel and staff said a default letter had been…
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