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Commission approves $150,000 loan to Asheville and routine project matches
Summary
The commission approved a $150,000 loan to the City of Asheville repayable over three years and authorized several municipal match commitments, including a roughly $34,200 match for courthouse traffic rerouting and Patriot project matching funds.
During the county attorney's portion of the meeting, commissioners considered two intergovernmental funding items. The commission approved a $150,000 loan to the City of Asheville to be repaid over three years; county staff said the loan carries no interest and is tied to a park project.
The commission also discussed and approved a historical 20% match practice and agreed to provide a roughly $34,200 match for an imminent courthouse traffic rerouting construction project. Commissioners moved and carried both actions during the meeting.
Chair and county staff emphasized that exact terms and wording for loan documents will be drafted and returned for the county's records; the county attorney will finalize necessary language.
