Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Community Development topic
No spam. Unsubscribe anytime.
Board approves $306,738.28 payoff to retire fairgrounds debt; requires audit/accountability terms
Summary
Following presentations from fair representatives, the board approved a one‑time payoff of $306,738.28 to clear the fairgrounds' outstanding debt and directed staff to attach standard MOU/audit requirements before disbursing funds.
The Washington County Board of Supervisors voted Oct. 14 to approve a request from the Washington County Fairgrounds to retire outstanding debt totaling approximately $306,738.28. Todd Reynolds, the fair president, told the board the nonprofit operates largely on volunteer labor, stage events and rentals and that debt service had constrained the fair’s ability to invest in paving and accessibility improvements.
Supervisors discussed how county funds would be administered and whether recipients should be required to provide audited financial statements and an MOU specifying terms and accountability. County staff noted the fair’s current allocation triggered audit requirements under existing county guidelines and that audit documentation would be required as part of any county funding arrangement.
The board approved the request with a recorded vote (7-0) and asked staff to prepare the supplemental appropriation and applicable terms so funds would be disbursed in a way that protects public dollars and ensures the debt is retired.
