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Bowie approves $75,000 match for TEDCO grant as Old Town revitalization advances
Summary
The council approved Resolution R-3-26 to disburse $75,000 in city matching funds to Incubate Community Development Partners after hearing a presentation on an Old Town Bowie 'Maker District' and related funding and site plans. The city had appropriated the money in the adopted budget; the action authorizes disbursement.
The Bowie City Council voted Jan. 5 to approve Resolution R-3-26, authorizing a $75,000 city match to Incubate Community Development Partners in support of a TEDCO makerspace grant for Old Town Bowie.
The appropriation for the match was included in the city's adopted budget earlier in the fiscal cycle; the action taken Jan. 5 authorizes disbursement of those previously appropriated funds. John Henry King (speaker in the meeting) explained the timeline: staff included matching funds in the budget, the community development corporation applied to TEDCO and was…
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