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Board approves final incentive payment for HMG; uses capital improvement funds
Summary
Supervisors approved a final incentive payment to HMG related to a new urgent-care facility and directed that the payment come from the capital improvement fund rather than contingency reserves; the IDA will issue the check to HMG.
The Board approved what staff described as the final incentive payment to HMG, tied to the opening of a new urgent-care facility. Staff said the Industrial Development Authority will issue the check to HMG on the Board's authorization. Finance staff asked the Board to decide which county fund should pay the incentive; one supervisor recommended the capital improvement fund because it had the larger balance.
After discussion, the Board amended the motion to use capital improvement funds to pay the incentive and approved it 7-0. "I'd say, Mr. Chairman, I would recommend the capital improvement fund. There's more money in that 1 than your contingency," a supervisor said. The IDA and staff confirmed the payment is final and the facility is operating.
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