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Council concurs with $46,000 annual BLDC agreement to support local development
Summary
Council members concurred and placed on file a $46,000 annual agreement with the Butte Local Development Corporation to provide economic development services, and the BLDC director described loan programs available to aid development.
The council reviewed Communication No. 2026-281 from Karen Sullivan, director of the Butte Local Development Corporation, requesting authorization for Chief Executive Gallagher to sign the annual BLDC agreement for economic development services in the amount of $46,000.
Karen Sullivan described several loan programs administered by the BLDC intended to support local development, thanked the council for prior support and asked for concurrence. Hattie Thatcher moved to concur and place the agreement on file; the motion passed 9–0.
What the agreement covers The agenda text states the agreement funds economic development services provided by the BLDC and supports local loan programs; the specific loan program terms and eligibility were not included in the meeting record and should be obtained from BLDC documents for detail.
Next steps Chief Executive Gallagher will be authorized to sign the agreement and the BLDC will proceed under the terms of the contract; the council placed the communication on file for the record.
