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Selectboard signs on to state grant application to support Old School Bagels
Summary
The board agreed to forward a state business grant application and provide a letter of support for Old School Bagels, approving approximately $5,000 in reimbursement-eligible equipment funding as recommended by the EDDP.
The Economic Development and Downtown Partnership (EDDP) recommended forwarding a state business grant application for Old School Bagels, and the Selectboard approved the request and a supporting letter. Staff said the request is for "a little more than $5,000" to purchase equipment; the town’s process is to reimburse the business after it incurs the expense.
Selectboard members discussed the business plan and potential hours; staff noted prior cases where the town handled funds for other businesses under similar arrangements. A motion to support and forward the grant application carried by voice vote, and the board authorized a letter of support to accompany the application.
