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Powhatan EDA approves $5,000 match for Twin Oaks Farm VDACS AFID grant
Summary
The Powhatan County Economic Development Authority voted 4-0 to provide $5,000 in matching funds to support a $10,000 VDACS AFID grant application by Twin Oaks Farm, with the grant to cover a backup generator purchase.
The Powhatan County Economic Development Authority approved a $5,000 county match on April 13 to support a $10,000 VDACS Agricultural and Forestry Industry Development (AFID) grant application for Twin Oaks Farm.
Director Roxanne Salerno told the board that Twin Oaks Farm purchased property intended for a farm store and sought to apply for the VDACS AFID grant; VDACS will oversee the project and the grant requires a 50/50 match. The board discussed using $5,000 in EDA funds to match a $10,000 award; the purchase identified for the grant was a backup generator.
Treasurer/Interim Vice-Chairman Tim Benusa moved that the EDA provide $5,000 in matching funds; Chris Shust seconded. Chairman Frank Rennie, Saber, Benusa and Shust voted AYE and the motion passed 4-0.
The minutes do not record additional conditions or a funding source line-item beyond the board’s approval of the match; staff follow-up to document the funding source and grant administration is implied but not recorded in these minutes.
