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EDA approves member stipends and reviews finances, CDs and property assessments
Summary
The EDA approved member stipends of $1,150, reviewed the April financial report prepared by Treasurer Sara Levinson, and examined checking balances, CDs, loan info and tax assessment values for EDA‑owned properties totaling about $1.128 million in assessed value.
Treasurer Sara Levinson prepared April’s financial report, which members reviewed at the April 27 meeting. Jonathan Comer moved to approve member stipends totaling $1,150; the motion was seconded by Leslie Currle and carried unanimously. The minutes record the meeting’s recorded roll call with all seven members voting in the affirmative on recorded actions.
The packet included account details: Blue Ridge Bank checking #4061 with a current balance of $56,980.13 (noting a $23,000 deposit Dec. 2), checking #4317 at $25,052.06, and multiple CDs with maturity dates and interest rates. The minutes list EDA‑owned property tax assessments including Stony Brook Lane (17.933 acres, $179,300) and several Goodrich Road parcels; the aggregated assessment across listed parcels totals about $1,128,000.
