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Smyth County supervisors approve Smith Machine repayment deal, ratify emergency, OK $30,000 fireworks and sign flood-preparedness MOU
Summary
The Smyth County Board of Supervisors approved a repayment agreement for Smith Machine after the company failed to meet grant metrics, ratified a local emergency declaration following an ice storm, authorized a $30,000 fireworks contract for July events and approved an MOU to accept DCR flood-preparedness funds administered by Mount Rogers Planning District.
At a regular meeting of the Smyth County Board of Supervisors, members approved a set of administrative actions intended to protect county finances and prepare for future hazards.
The board unanimously authorized two mirror repayment agreements tied to a 2018 Tobacco Commission grant to Smith Machine after staff reported the company had not met the full performance metrics. A county presenter told the board Smith Machine achieved 63.5% of promised capital expenditures and 34% of the promised jobs metric, producing a total clawback of $53,500; the company has signed an agreement to make three equal payments that the county will pass through to the Tobacco Commission. "Their total clawback that is due to the commission is $53,500 in total," the presenter said. Board members asked about risk if the company defaults; staff said the county would be responsible to…
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