Council asks for clarity on how EDC funds are distributed and tracked
During the Sept. 9 budget workshop Simonton councilmembers raised questions about the handling, distribution and tracking of Economic Development Corporation (EDC) funds; the minutes note discussion but no policy change or vote.
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Councilmembers reviewed procedures for the city’s Economic Development Corporation (EDC) funds and discussed how those monies are being distributed and tracked. The minutes record a conversation among council and staff about the topic but do not record a change in policy or a specific follow-up assignment.
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