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Commissioners authorize pursuit of former Bank of America building for Tourism Development Authority, 3-2 vote
Summary
The board authorized staff to sign a contract to acquire the former Bank of America building at 141 South Main Street for the Tourism Development Authority using TDA occupancy-tax funds; the motion passed 3-2 with an inspection contingency and refundable deposit.
The Alamance County Board of Commissioners authorized county staff to sign a contract to acquire the former Bank of America building at 141 South Main Street and hold it for the Tourism Development Authority (TDA), which would lease the property under a long-term arrangement.
Brian Baker, assistant county manager, said the TDA lacks authority to hold property directly; the…
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