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EDA tables West Creek reimbursement agreement; staff reports $1.7 billion in active projects and county receives old elementary school
Summary
The Goochland County EDA tabled a proposed reimbursement agreement that would have paid up to $75,000 per West Creek property owner for due-diligence work, citing questions about repayment and scope. Staff reported $1.7 billion in active leads, $441 million under construction, and that the county accepted conveyance of the former Goochland Elementary School for future reuse studies.
The Goochland County Economic Development Authority tabled consideration of a proposed agreement to reimburse West Creek landowners for due-diligence work, and heard staff updates on active projects including a recent Honda-related groundbreaking and the county's acceptance of the former Goochland Elementary School.
Director described the West Creek request and the mechanics the EDA would use: property owners proposed a performance agreement and asked the EDA to reimburse up to $75,000 of due-diligence work; staff noted the board previously directed $500,000 to help property owners improve site…
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