MCD approves $10 million cash commitment for Heritage Plaza project
The Midlothian Community Development Corporation voted to commit $10 million in cash to the Heritage Plaza project after hearing staff presentations on bonding and cash options; the board also discussed timing and invoice-based reimbursements to preserve some administrative control over spending.
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The Midlothian Community Development Corporation voted April 23 to commit $10,000,000 in cash to the Heritage Plaza project, directing staff to pay invoices as they are presented rather than immediately disbursing the full amount.
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