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EDA financial report notes pending reimbursement for True Value asbestos abatement

Economic Development Authority of Patrick County · January 28, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Noah Mabe presented the financial report and said the Authority had not yet been reimbursed for asbestos abatement at the True Value building but expected resolution within weeks; the board approved the financial report unanimously.

Noah Mabe presented the Authority's financial report and reported that the Authority had not yet been reimbursed for asbestos abatement work at the True Value building, but he expected the issue to be resolved within weeks. The board moved and approved the financial report by unanimous vote.

No specific dollar amount for the asbestos abatement reimbursement was provided at the meeting; staff indicated they would follow up and report progress to the board.