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Council approves addendum to REDI performance agreement for RUF Hotel Land LLC; REDI grant appropriation discussion tabled
Summary
The city approved an addendum extending a performance agreement with RUF Hotel Land LLC under the REDI program; council debated a recommended $153,034.30 appropriation for the REDI grant year and ultimately tabled further action to gather more information.
Radford City Council approved an addendum to the Ready Grant/Ready Performance Agreement with RUF Hotel Land LLC on April 20, extending terms to allow the recipient to become eligible for the originally contemplated grant award term.
Mayor Horton disclosed a potential conflict of interest due to employment at Radford University and said she would abstain from…
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