Board authorizes RFP for contracted economic development services; staff cites loan repayment metrics
Commissioners approved initiating an RFP for contracted EDA services to start in January; staff presented loan program metrics (94% of payments current, ~$12,000 interest on certain loans reported) and said there are 14 open EDA loans. Commissioners emphasized the EDA’s role in bringing and supporting businesses.
The full story
Staff asked the board to initiate a request for proposals (RFP) to secure contracted economic and community development services when the current contract ends in December. The presenter said the county’s EDA program has had 94% of loan payments made to date, with approximately 14 active EDA loans and interest earned on county loans.
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