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Commissioners advertise up to $200,000 appropriation for German Street property for MCEDA
Summary
The board voted to advertise for an appropriation, not to exceed $200,000, from the "Lit Economic Development" fund for a property purchase to be completed by MCEDA. The motion carried 3-0 after a motion by Commissioner Brenda Weaver and second by Commissioner Mark Horner.
Commissioner Brenda Weaver moved to advertise for an appropriation, not to exceed $200,000, from the "Lit Economic Development" fund to support a German Street property purchase by the Miami County Economic Development Authority (MCEDA). Commissioner Mark Horner seconded; the motion carried 3-0.
The board did not approve an expenditure in that vote but authorized advertisement for the appropriation, the procedural step that begins the formal appropriation process. No additional property details, seller name or closing timeline were provided in the meeting record.
