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Floyd supervisors authorize negotiations with town and approve workforce-housing MOU with EDA
Summary
Supervisors approved a motion to form a small negotiation team to meet with town representatives about an MOU for PSA and capital projects, then later, after a closed session, approved a memorandum of understanding with the economic development authority on workforce housing.
Supervisors discussed whether a memorandum of understanding with the town and the PSA would help clarify funding responsibilities and limit open-ended county commitments for capital projects.
Board members debated the risk an MOU might carry if future boards change priorities, with one supervisor warning an MOU cannot obligate future appropriations without the board's formal budget action. To keep negotiations efficient, supervisors voted to authorize a small negotiator team (two county negotiators and the county administrator) to meet with town representatives and prepare draft language for the full board to review.
Later in the meeting, the board convened a closed session to consult with legal counsel on workforce housing matters. After certifying the closed session, supervisors moved to approve a memorandum of understanding between the county and the economic development authority regarding workforce housing; the board recorded unanimous certification and recorded votes to approve the MOU.
The board instructed staff to schedule the negotiated meetings with the town, circulate draft MOU language to the full board for review, and ensure legal counsel reviews any final agreement before signatures are executed.
