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Lynchburg EDA votes to proceed with 201 Jefferson Ridge Parkway purchase, subject to well permit
Summary
The Economic Development Authority voted to let the contract proceed toward closing on 201 Jefferson Ridge Parkway after finding the feasibility and drilling reports satisfactory, while noting L3 Harris must obtain a permit to close a well on the site.
The Economic Development Authority of the City of Lynchburg voted Jan. 15 to allow the contract to move toward closing on 201 Jefferson Ridge Parkway, but the board conditioned that decision on a satisfactory resolution of a pending well permit.
Speaker 3 told the board that the city’s due diligence materials were complete and that the only outstanding item was a well on the property for which L3 Harris is…
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