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Board approves appropriation to cover bond counsel and legal fees in EDA Project Access deal
Summary
Supervisors approved an appropriation to pay bond counsel and related legal services tied to a $1,000,000 loan to the EDA for Project Access; staff said the work was complex and spanned multiple months and parties, with counsel fees reported around $34,000–$35,000.
The board approved an appropriations request to cover bond counsel and legal fees connected with a previously authorized $1,000,000 loan to the county's Economic Development Authority for the Project Access property acquisition. Staff described the transaction as unusually complex, involving multiple attorneys and parties, and said invoices reflected hours billed across several months.
One supervisor summarized the board's reaction: "it sounds like it's gonna cost us $35,000," reflecting concern about legal costs. County staff and EDA representatives explained that the fee covered bond counsel work, real estate contract review and coordination among the EDA, purchaser and county; the board approved the appropriation (item 2026-8) by roll call. Supervisors asked staff to follow up with counsel on billing questions and encouraged continued oversight of contract costs.
