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Board approves additional $150,000 appropriation to EDA for grocery development after owners address concerns
Summary
Following a joint workshop and presentations from business owners, the board approved a $150,000 appropriation to the Economic Development Authority to fund performance agreement components for Cumberland Virginia Grocery LLC, completing a previously partially-funded $300,000 request.
County administration presented a memo describing prior board action that approved $150,000 of a requested $300,000 appropriation to the Economic Development Authority (EDA) for Cumberland Virginia Grocery LLC. The business owners attended a joint workshop to address board concerns; they subsequently requested the remaining $150,000. County administration recommended placing the appropriation on the agenda and the board moved to approve the remainder of the previously requested funds.
Board members noted documentation had been provided and that the EDA and business owners had engaged in prior workshops. The motion passed with board assent, completing the EDA appropriation described in meeting materials.
