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Board to discuss position on $49,000 Hart Fund study for Stafford Center expansion
Summary
The finance presentation flagged a $49,000 transfer from the Hart Fund for a Stafford Center expansion study; a board member requested a future agenda discussion on whether the EDC should give a directive to City Council about the study.
During the finance review Michelle Shaw reported a transfer of $49,000 from the Hart Fund to cover a Stafford Center expansion study. "The total revenue also includes transfer of 49,000 from the Hart Fund for Stafford Center expansion study," she said.
Following the finance presentation the president asked that the board schedule a discussion to develop a formal position for City Council regarding the study, noting the board has spent $49,000 and should decide whether to support, oppose or offer direction on next steps. The board agreed to add the item to a future agenda so members can consider options and provide a recommendation to council.
