Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Residents urge audit of MEDC grant accounting; local business asks for cannabis licensing-window change
Summary
At the Dec. 15 meeting a public commenter asked the commission to clarify handling of interest and administrative fees on MEDC-related grant funds and to consider an independent audit; Eric Kennedy requested the commission waive the local cannabis application window to allow local businesses to obtain medical licenses and avoid a 24% wholesale tax disadvantage.
An unidentified attendee told the commission Dec. 15 that the UHY audit of MEDC-related projects did not show interest earnings on a disbursed $7.5 million tranche administered by Lenawee Now and asked whether interest income had been recorded elsewhere.
“My rough math shows that should be about $400,000 in interest earnings,” the commenter said, and asked the city to request clarification from UHY and Lenawee Now and to consider commissioning an…
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
