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Board approves four‑year, $400,000 annual funding arrangement with Jacksonville‑Onslow Economic Development
Summary
Onslow commissioners approved a modified funding agreement to provide $400,000 for the current year to Jacksonville‑Onslow Economic Development with an option to renew for three additional years; county staff said the current year amount is budgeted and the contract allows future changes if needed.
The Onslow County Board of Commissioners voted Nov. 17 to approve a multi‑year funding agreement with Jacksonville‑Onslow Economic Development (JoED).
Chief Finance Officer Kevin Patterson said the modified grant/contract provides $400,000 for the current year — an amount already included in the county budget — and that the agreement is renewable for three additional one‑year periods, subject to the board’s annual authorization. The agreement allows the county to revise funding or structure as needed.
Commissioners approved the agreement by voice vote and authorized the chairman to sign the contract documents.
What’s next: County staff and JoED will execute the funding agreement and coordinate deliverables under JoED’s strategic plan.
