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EDA moves to back Charlottesville–Boston route with $15,000 contingent local match
Summary
The Albemarle County Economic Development Authority heard a staff recommendation to commit $15,000 from its economic development fund as a contingent match for a USDOT small-community grant to support a Charlottesville–Boston flight; the airport’s CEO said a one-round‑trip segment can generate about $21 million in local economic impact.
The Albemarle County Economic Development Authority considered a staff proposal to back a Charlottesville–Boston air route by authorizing a letter of support to the U.S. Department of Transportation and by committing up to $15,000 in local matching funds if the Charlottesville Albemarle Airport Authority wins a Small Community Air Service Development Program grant.
EDA staff told the board the $15,000 contribution would be used as a minimum-revenue guarantee to help attract an air carrier and to make the airport’s grant application more competitive. "The staff recommendation is a contribution of $15,000…
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