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EDA treasurer reports $2,986 balance, will provide bond update next meeting
Summary
Treasurer Joshua McNeil told the board the Economic Development Authority account at Atlantic Union Bank held $2,986 and that July activity included $7.74 interest; he said he will give a bond status update related to the B & B theater at the next meeting.
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Treasurer Joshua McNeil reported the EDA's Atlantic Union Bank account balance at $2,986 and said July activity consisted of $7.74 in interest. He confirmed that he and Board Chair Bridal are signatories and that the board now has online access to statements.
McNeil asked whether the board preferred quarterly financial updates; members agreed on a quarterly cadence. He also said he would prepare a status update on the EDA bond connected to the B & B theater project for the next meeting.

