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County approves $4.5M loan program, regional promotion funds and accepts Dayton Dragons ownership change
Summary
Commissioners authorized an economic development loan program up to $4.5 million, approved up to $75,000 for NCAA First Four promotion, and accepted a change of ownership for the Dayton Dragons during the Feb. 10 meeting.
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The Board authorized an economic development loan agreement in an aggregate principal amount not to exceed $4,500,000 (Resolution 26-0319) intended to support local economic projects. Separately, the Board authorized an agreement with Big Hoopla, Inc. to provide up to $75,000 to promote the region for NCAA First Four events through Dec. 31, 2026 (Resolution 26-0320).
The Board also accepted the Dayton Dragons baseball team’s change of ownership from Palisades Arcadia Baseball LLC to DBH Dayton LLC (Resolution 26-0321). The resolutions were approved as part of the consent agenda; no separate discussion or contested vote was recorded in the minutes.
