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EDA in Focus

A new EDA? Town Council approves resolution seeking state’s blessing



FRONT ROYAL — The Front Royal Town Council on Monday unanimously passed a resolution seeking a change in the Code of Virginia that would allow the Town to create its own Economic Development Authority (EDA) if it sees fit to do so.

Specifically, the Town’s newly approved resolution requests that the Virginia General Assembly amend a portion of the State Code to allow just Front Royal, VA, to establish a new EDA that’s “separate and independent” from the existing Front Royal-Warren County EDA, which is embroiled in a multi-million-dollar financial scandal.

“Upon deliberate and studied consideration,” the Town Council “finds that it is to the benefit and betterment of all the inhabitants of the Commonwealth of Virginia, and in particular to the inhabitants of the Town of Front Royal,” that the Town be able to form a Front Royal EDA so that it “can forge its own path forward in the future, unencumbered by the tremendous financial, legal, and reputational burdens currently encumbering the Existing EDA,” according to the resolution.

“First and foremost,” explained Councilman Jacob Meza after motioning to adopt the resolution, “what we are doing is approving a resolution to request the ability to establish our own EDA if we so desire to do so. Photos and video by Mark Williams, Royal Examiner.


“Here’s the thing,” Meza continued. “Our current EDA — which you could make the easy argument is ineffective — is going to be really difficult to operate through… at least in the next coming year and possibly years.”

Because of that fact, Meza said the Town Council wanted to be sure to submit its approved resolution prior to the start of the General Assembly’s legislative work that begins in January, “essentially hedging our bets that if our EDA becomes ineffective as a joint Town-County operation, then the Town has the ability to establish its own EDA so that we can continue moving forward on Town projects, especially related to property acquisitions and developments.”

If Front Royal were to miss submitting its request now, then the Town would have to wait to submit it in July 2021, said Meza.

“We wanted to get the ball rolling on this so that we have the option and the ability to continue if needed,” he added.

Councilman Gary Gillispie echoed those sentiments on Monday night.

“Please keep in mind, just because we are asking the General Assembly to authorize Front Royal to have an EDA, it does not necessarily mean that we’re going to launch into it,” Gillispie read from a prepared statement. “Once authorized, we can commence the process to determine if it’s in the best interests of the community.”

To avoid a potential legal hurdle, the Town Council seeks the State Code change without withdrawing from its current legal interest in the existing EDA.

“It appears to the Town that as long as there are outstanding and unpaid Existing EDA bonds and indebtedness, the Town cannot even rescind it ordinance co-creating the Existing EDA all, in which case the Town would not even be able to create a separate Town EDA which could fund Town EDA facilities either inside the Town’s corporate boundaries,” the resolution states.

In fact, the current EDA is saddled with outstanding and unpaid bonds and other indebtedness for private and public facilities, including hospitals and schools, states the resolution, which also pointed out that “apparently the Existing EDA likely will become insolvent sometime in the year 2020.”

“In my opinion, the current EDA is insolvent,” Councilman Gillispie read from his prepared statement. “I don’t see a way to get it back to solvency.”


The Town Council’s resolution also acknowledges, among other items, that if the Town did rescind its ordinance for co-creating the existing EDA, then it would waive its rights to share in one-half of any of the funds and properties held by the existing EDA at the time it was dissolved.

Such action “might well be construed as wastage of Town assets by Town Council, and thereby construed as legal misfeasance on the part of Town officials, which would be unacceptable to the Town,” the resolution.

The Town Council in its resolution also wasn’t shy about laying out reasons for why it wants to form its own EDA.

For instance, the six-page document outlines “the legal and financial troubles” of the existing EDA’s former executive director Jennifer McDonald, who “has been creditably accused and has been indicted in excess of 30 felony charges in connection with criminal charges related to alleged misappropriation of Existing EDA and Town funds.”

Additionally, the resolution says that McDonald — who isn’t named in the document but only referred to as the ‘former executive director’ — “has been civilly sued in the Circuit Court of Warren County, Virginia, by the Existing EDA for over $21 million in damages in relation to said alleged misappropriation of said funds.”

The resolution also makes it clear that the “Town, Town Council, Town officials and Town employees had no role whatsoever in the former executive director’s actions,” and is civilly suing the existing EDA and McDonald in Warren County Circuit Court for $15 million in damages.

The resolution also says that the “brand” of the current EDA “has been so badly damaged as to make it very difficult, if not impossible, for the Existing EDA to attract new commerce and industry
into the Town.”

And the Town charges that “there is an inherent conflict of interest” on the part of existing EDA officials and employees who appear to favor attracting new commerce and industry “to benefit the County as opposed to the Town.”

For these and other reasons, the Town Council proposed a change to Virginia Code 15.2-4905 (Powers of authority section) that would grant the Front Royal Town Council the power to create its own industrial development authority (IDA).

“The purpose of an EDA or IDA is to bring economic development to a community where it is authorized,” Gillispie read. “It is also important to give existing businesses support to help them compete and stay profitable.”

Front Royal needs good-paying jobs, the councilman added, and there are several business parks within the Town limits that also need development.

“We just need someone who can market our Town and be able to go to Richmond or wherever it’s needed to get this accomplished,” said Gillispie, who added, if the General Assembly accepts the Town’s request and amends State Code, then Town Council members will work diligently to put safeguards in place that ensure such financial fraud never happens again.

Following Meza’s motion on adoption of the resolution, with a second from Councilman Chris Holloway, the members of the Front Royal Town Council, including Vice Mayor William Sealock and Councilmen Gillispie and Letasha Thompson, all voted yes to approve it.

Watch the Town Council meeting on this Royal Examiner video:

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EDA in Focus

County moves toward restructured EDA staffing in hopes of restored municipal cooperation – 6 CUPs approved, 5 for short-term tourist rentals



At its meeting of Tuesday evening, September 21st, the Warren County Board of Supervisors made the first official move toward an altered structure of its, and the Town’s, Economic Development Authority futures. That move was unanimous 5-0 approval, on a motion by Delores Oates, seconded by Walt Mabe, of County Administrator Ed Daley’s presentation of a “Request to Create a Warren County Office of Economic Development”. As reported in our recent story, County work session takes unexpected turn on EDA front – ‘Reunited’ operational option broached, the supervisors elected to have Daley forwarded an idea originally slated for Closed Session discussion at a September 14 work session, in open session that day. That idea is to have an Economic Development Director’s staff position under the municipal government umbrella, rather than as a staff position hired by the board of an independent Economic Development Authority (EDA), albeit an EDA board appointed by the municipal government or governments that created it.

In response to Tony Carter’s question about involving the existing EDA Board in this restructuring process, County Administrator Ed Daley, below, said they were alerted to the potential of it prior to Doug Parsons announced resignation. Royal Examiner Photos by Roger Bianchini

As we understand it from subsequent conversations with Daley following last week’s supervisors’ work session, that in-house EDA director’s position would work in the best interest of both the county’s municipal governments, networking what it appears at this point will continue to evolve into two unilateral Town and County EDAs. Now theoretically, both the existing WC EDA and FREDA – the Front Royal EDA that is in the interview stage of establishing a board of directors – could create their own independent Offices of Economic Development with their own executive directors. But the impetus after last Thursday’s resurrected Town-County Liaison Committee meeting appears to be to work together to select an executive director who will work to the mutual benefit of both municipalities while networking with two EDA Boards of Directors.

Confusing? Perhaps – but it would cut payment of the six-figure salary range position in half if both municipalities could agree on the concept and a person to fill that conceptual central administrative position. For with a statewide trend toward regional EDA cooperation in a highly competitive economic development environment, what future would this community’s economic development have with dueling EDAs competing, not only with other regional governments’ economic development structures but with each other’s, particularly when the WC EDA has control of significant portions of economic development properties inside the town limits?

The answer to that question has, perhaps, already been given in the pending October 1st departure of WC EDA Executive Director Doug Parsons, to a county directly to our east where as one local observed upon hearing the news, “Warrenton isn’t suing Fauquier County” (or perhaps more accurately, its EDA).

And a move toward “us and us” from “us versus them” in County-Town relations was a reoccurring theme for several supervisors involved in last week’s first Liaison Committee meeting since January. Both Board Chair Cheryl Cullers and Delores Oates commented on the positive feeling they carried out of that meeting that the deteriorated relationship featuring hostile litigation involving the Town and existing WC EDA, and canceled face-to-face meetings of elected officials on matters of mutual interest, might be turning a corner. Of course, as the third county board member at that Liaison Committee meeting, Walt Mabe, wondered during it: Why can’t we return to one, re-tooled EDA working to both the County’s and Town’s benefit, with one executive director not alleged to have had their hands in both municipalities’ economic development pockets?

And in a loosely related item, as part of the September 24th WC EDA monthly board meeting, departing Executive Director Doug Parsons’ last, the agenda includes the information that the long-awaited 2018 and 2019 EDA audits have been completed by the contracted auditing company and are awaiting EDA Board approval. Stay tuned for more developments on the auditing front. – Maybe the completed audits could even establish exactly how much of whose money went where and is owed to who by whom, negating the necessity for the continued dueling Town-WC EDA civil litigations. As previously reported, the sitting council ignored then-Mayor Gene Tewalt’s 2019 advice to accept the offer of the WC EDA to sit down with accountants rather than attorneys to follow the money to establish exactly who was owed what on the back end of the EDA’s now $62-million-dollar financial scandal.

Shenandoah Shores Short-Term Tourist Rental applicants Jilian Greenfield and Richard Butcher brought the supporting ‘troops’ comprised largely of neighbors in support of their application to head off any continuation of a questionable Shores POA assertion the use was forbidden by neighborhood covenants. The Public Hearing count was 13-0 in support of their proposal, which passed unanimously.

But off that “movie script”, in other business the supervisors approved six Conditional Use Permit (CUP) requests Tuesday, five for Short-Term Tourist Rentals, and one for alterations to a Kennel Permit. See all these discussions, public comments, and votes in the County video; and see the meeting agenda cover page with the full list of CUP application public hearings linked here:


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EDA in Focus

County work session takes unexpected turn on EDA front – ‘Reunited’ operational option broached



What had been an hour-plus work session update on Capital Improvement Projects (CIPs) by County Project Manager Jeff Hayes took an unexpected turn about an hour and a quarter into that work session at the conclusion of Hayes PowerPoint presentation. I say “unexpected” because the only open session agenda cover sheet item was Hayes’ CIP report. However, the board elected to take what was labeled “Closed Session” discussion of “Personnel re: Economic Development Authority” into open session discussion.

What followed was County Administrator Ed Daley’s presentation on organizational opportunities presented by the pending October 1st loss of the second and final member of the two-person EDA staff. As previously reported, following Administrative Assistant Gretchen Henderson’s August 27 departure to the Northern Shenandoah Valley Regional Commission, Executive Director Doug Parsons announced his resignation, effective October 1, to take the EDA executive director’s job in Fauquier County.

Warren County Administrator Ed Daley explains the operational dynamics of realigning the EDA staff within the County’s administrative structure inside the WCGC. Royal Examiner Photos by Roger Bianchini

And what Daley presented to the board in open session echoed what EDA Board Chairman Jeff Browne told Royal Examiner in the wake of the pending loss of the entire EDA staff – this can be an opportunity, rather than a derailing of the EDA’s recovery from the multi-million-dollar financial scandal uncovered in 2018-19 under previous executive and board leadership. And while Browne focused on replacement personnel selection as the opportunity, Daley used that as a jumping-off point to explore previous supervisors discussion dating to early 2020 about an organizational realignment of the EDA. The County has already taken on the role of Financial Agent of the EDA. Continuing the broached realignment would bring the EDA staff into the Warren County Government Center, functioning more like a County Department. That option was first considered by some supervisors in the wake of the Town of Front Royal’s decision to operationally withdraw from the half-century-plus old joint EDA, in favor of creating its own unilateral Front Royal EDA (FREDA).

In Dec. 2019 file photo, then-Mayor Gene Tewalt at an EDA Board meeting. Tewalt urged Town Council to accept EDA-offered negotiations to determine exactly what the Town’s losses in the EDA financial scandal were – but council wasn’t listening. Will they now? Then EDA Board Chairman Ed Daley is at far left, flanked by Greg Harold, Doug Parsons, Jeff Browne, standing, a partially obscured Gray Blanton, and Jorie Martin. Now Supervisors Chair Cheryl Cullers is seated behind Mayor Tewalt.

That decision was driven by the Town Council’s decision, against the advice of then-Mayor Gene Tewalt, to civilly sue the old EDA for a larger portion of the allegedly embezzled and misdirected EDA assets related to County and Town business dealing handled by the EDA. Rather than costly and divisive litigation, Mayor Tewalt urged council to accept the new EDA leadership’s offer to have staffs simply sit down and follow the money to determine who was owed what. However, a council majority wasn’t listening to its then mayor. Consequently, the Town and EDA are currently engaged in dueling civil litigations.

And while Daley’s presentation began as a logistical exploration of processes of incorporating the EDA into the county governmental apparatus, it took a turn when one supervisor posed a legal question. “I’m going to call the elephant out in the room,” North River Supervisor Delores Oates said in pointing out that the existing EDA was jointly founded by the county and town governments over a half-century ago, and legally remains a Town-County EDA. So, can the County legally bring the EDA into its sole administrative oversight, she wondered.

“If I were sitting where you sit, I would invite the town council to participate in a staffed economic development department that works for the EDA but can also work for us in the County and the Town on economic development projects,” the county administrator replied. And as Daley pointed out, neither EDA currently has a staff, though at least one, the old EDA, has an exceptionally competent and proactive re-tooled board of directors.

“And I think that would be the best tactical advantage for the community, is if we would actually collaborate and not create independent organizations. Because otherwise we’re spending twice the money to do the same job,” Oates said in response to Daley’s suggestion.

Fork District Supervisor Archie Fox wondered how close to day-to-day EDA operations the county supervisors really wanted or needed to be. Below, North River Supervisor Delores Oates called ‘the elephant out in the room’ – the fact that legally the existing, co-founded EDA remains the ‘FR-WC EDA’. So, can the Board incorporate it into the county governmental apparatus were that path chosen?

The first face-to-face discussion of this latter option of reestablishing a jointly functioning Town-County EDA will apparently take place this Thursday, at the first Town-County Liaison Committee meeting since the Town Council decided to cut those quarterly meetings off in the wake of initiating the now dueling Town-EDA/County civil litigations. Daley noted that Liaison Committee opportunity was presented by the inclusion on Thursday’s Liaison agenda of a Town presentation on the status of development of its unilateral Town EDA.

Members of both council and the board of supervisors have recently suggested an altered, more collaborative Town-County path forward from the divisive and litigious one launched by council during the tenure of Interim Town Manager Matt Tederick. So, it will be interesting to see how Thursday’s Liaison Committee discussion develops with a new town manager involved; and how the full council will react to the idea of realigning into a jointly functioning EDA apparatus, possibly including collaboration in selecting the new FR-WC EDA staff were a speedy, positive reaction achieved.

The EDA discussion begins at the 1-hour-16-minute-30-second mark of the linked county video; Oates calls out the “elephant in the room” at the 1-hour-44-minute-45-second mark. The Capital Improvement Project PowerPoint and Q&A takes up the first hour-and-15-minutes of the video. And between the CIP and EDA portions of the work session, Board Chair Cullers gave an update on news of the birth of her newest grandchild Tuesday evening. – Welcome to the world on September 14, 2021, Ella Louise.

About those CIP projects

Prior to that turn toward the EDA and Town-County relations regarding cost-effective cooperation versus costly, counterproductive competition in future economic development initiatives, there were some interesting turns on the CIP front. Those included discussion of downtown Front Royal parking issues and the County’s ability to impact those issue with owned property in the Historic Downtown Business District vicinity. Also, under board scrutiny was the cost and effectiveness of air purification devices under consideration for other County facilities after being installed at the Warren County Courthouse to allow more normal judicial proceedings to be reinitiated during the COVID-19 Coronavirus pandemic. Discussion of the potential effectiveness against, not only the COVID-19 Coronavirus but other virally spread illnesses was broached in considering the purchase of as many as 60 of the machines at a cost of $2100 per unit.

County Project Manager Jeff Hayes had the floor with a power point review of Capital Improvement Projects for the first hour-and-15-minutes of work session.

See Hayes’ CIP power point on renovations to the Commonwealth Attorney’s Office; the Parks & Rec Department Splash Pad Pavilion; Rivermont Volunteer Fire Company 2 renovations; Shenandoah Farms Company 6 renovations; the Morgan’s Ford Boat Landing project; and Juvenile and Domestic Court renovations and related parking issue, including the observation that you “don’t build a court facility over or under a parking deck – BOOM!” (due to domestic terrorist concerns).

On the downtown parking deck front, Ed Daley noted that the Winchester City Council was scoffed at for proposing a downtown parking deck 20 years ago, adding that now the city has four.

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EDA in Focus

EDA develops transition plan through staffing losses



The Front Royal/Warren County EDA’s Executive Committee met on September 10, 2021, at 9:00 a.m. to discuss personnel matters arising from the upcoming vacancy of its executive director, and a transition plan for continuity of EDA operations.

The Executive Committee is developing a detailed plan to handle all aspects of the EDA’s operations including business retention and attraction, finance, legal, personnel, and day-to-day office operations. Both the Board and the Executive Director are confident that this plan will ensure a seamless transition and ensure the EDA remains a competitive entity for investment and expansion of businesses in Warren County.

(From a Sept. 10 Press Release by the WC EDA)

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EDA in Focus

EDA dealt a staffing blow as executive director joins administrative assistant in moving on to new horizons



On Tuesday, September 7, both Warren County Economic Development Authority (EDA) Board of Directors Chairman Jeff Browne and Executive Director Doug Parsons confirmed Parsons’ resignation, effective October 1. So, the EDA will lose its two post-financial scandal staffers within three weeks. As previously reported, Administrative Assistant Gretchen Henderson resigned last week to take a higher-paying job in the field of accounting across the EDA office hallway at the Northern Shenandoah Valley Regional Commission (NSVRC).

Parson’s new job will require a little more travel than across the hallway – 18 extra miles each way from his West Virginia home, he told us – as he will assume the Economic Development Authority Executive Director’s position in Fauquier County.

Doug Parsons, upper right white shirt and tie, joins his Administrative Assistant Gretchen Henderson, below under the watchful eye of the Royal Examiner camera, in accepting offers ‘they couldn’t refuse.’ Both EDA board meeting file photos are from Dec. 27, 2019, when this dynamic duo was still relatively new on the job. Royal Examiner File Photos by Roger Bianchini

We first spoke to Browne, who, while admitting the staffing losses were a blow coming in rapid succession as they have, preferred to look on the bright side. “Certainly it is tough short term. We were lucky to have them both for two years as they helped us through difficult times in recovering from what we inherited here,” Browne said of the re-tooled EDA Board’s navigating the aftermath of a $26-million to $62-million financial scandal alleged to have revolved around the EDA’s former executive director, Jennifer McDonald.

“But long-term, I look at this as an opportunity to find folks who will help navigate us into the future as we finish resolving our legal situations, and continue to refocus on this community’s economic development and retention. In the meantime, EDA Board members are stepping up to keep working with prospects and developing opportunities. I can only wish both Doug and Gretchen the best in their new endeavors,” Browne concluded.

We then reached Parsons by phone at the EDA office and asked about his experience of landing in the Warren County EDA job at a rather chaotic point in its half-century-plus history.

“It’s been a pleasure to serve as Executive Director of the Front Royal/Warren County Economic Development Authority over the last 28 months. The Board of Directors here has been the best I’ve ever worked with. Many of them have volunteered an incredible amount of their time to rebuild this organization. Chair Jeff Browne is essentially working 40 hours a week, and several others are putting in nearly that amount of time. I want to thank the Board of Directors, the Warren County Board of Supervisors, the County Department heads and staff, and everyone else that worked in collaboration with us to untangle the past and to help us with recruiting new business and assisting our current businesses.

“The taxpayers of Front Royal and Warren County now have an EDA they can be proud of that is working to bring more jobs and investment to the community. My successor will have many assets with which to work and great people to help accomplish the goals in the EDA’s strategic plan. I wish the people of Front Royal and Warren County the very best,” Parsons concluded.

And on that bright side that Browne chose to focus on – the multi-talented and very committed EDA Board of Directors Parsons lauded, remains in place as the County endeavors to fill the EDA staffing gap with people of comparable character and talent to those it has lost in this ninth month of 2021.

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Update: Federal Prosecutors charge McDonald on 34 criminal counts in EDA financial scandal



On Tuesday morning, August 31, former Front Royal-Warren County Economic Development Executive Director Jennifer McDonald was arrested on a 34 count indictment handed down by the Western District of Virginia Federal Prosecutor’s Office in Harrisonburg. The 40-paragraph True Bill elaborating on the charges to a Harrisonburg Grand Jury is dated August 25, and signed by Acting U.S. Attorney Daniel P. Bubar. Of those 34 counts, 16 are for money laundering, 10 for bank fraud, 7 for wire fraud, and 1 count of aggravated identity theft regarding someone identified only as “T.T.”

The charges and outline of the case in support of them (Jennifer McDonald Indictment) echo earlier criminal indictments filed at the state level before the State Special Prosecutor’s Office in Harrisonburg turned the case over to federal authorities in late 2019. The state special prosecutor had dropped the indictments it had filed to avoid speedy trial issues due to the volume of evidentiary material – estimated at 800,000 to over a million pages at the time. Failure to meet speedy trial deadlines could have led to defense motions for dismissal of charges on the criminal side of the EDA financial scandal case.

Jennifer McDonald booked during state criminal prosecution process in 2019. Royal Examiner File Photos by Roger Bianchini – Mug Shots RSW Jail

An attempt to reach McDonald attorney Peter Greenspun at his Fairfax office for detail on his client’s arrest and bond situation was unsuccessful prior to publication. However, a check of the RSW Jail website indicated no new booking of McDonald at the tri-county regional facility.

In a statement on the McDonald prosecution released by the U.S. Attorney’s Office in Harrisonburg at 3 p.m. Tuesday afternoon, it was noted that McDonald had an initial court appearance on the new federal charges earlier in the day and that she was released pending trial.

While not reaching McDonald’s attorney, Royal Examiner did reach Warren County EDA Board of Directors Chairman Jeff Browne, who circulated the indictment document Tuesday morning. We asked Browne for a reaction to the long-awaited development on the criminal side of the EDA financial scandal case.

“We’re going to continue to pursue the civil case and are pleased that justice is being served on the criminal side – it’s been a long time coming,” Browne said of the nearly two-year lag time on refiling of criminal charges related to what was a $26-million-dollar civil litigation related to the allegations of criminal misdirection and embezzlement of Town-County EDA assets. That total has climbed to a $62-million claim after McDonald’s bankruptcy filing involved the state bankruptcy court in the case.

The FBI and VSP were both involved in the April 2019 search of McDonald’s former office; below, being locked down after her resignation under mounting investigatory pressure by her board on Dec. 20, 2018.

“We don’t control the criminal side, but there are some familiar numbers in this criminal filing that reflect work done by the Cherry Bekaert staff,” Browne commented of the company the EDA contracted to investigate EDA financial records during the later years of McDonald’s executive director’s tenure. “Any help we can offer, we’ll be there for federal prosecutors. But our focus is on the civil side and bringing assets back to the community,” Browne added. He noted that federal authorities are forecasting a criminal trial for McDonald in 2022.

As recently reported out of the bankruptcy process, the EDA and McDonald have reached a no-fault agreement on a debt of $9-million by the former EDA executive director to the EDA. That agreement in which McDonald admits no wrongdoing, has also been accepted by EDA civil case Judge Bruce D. Albertson. Exactly how that agreement will result in payment of that debt remains to be seen on the civil case side.

Another perspective on FBI-VSP presence at EDA headquarters during April 2019 seizure of materials from McDonald’s former office. Federal prosecutors from the Western District of Virginia have begun to reinitiate criminal charges in the EDA financial scandal case.

Early in the civil process, then presiding Judge Clifford L. “Clay” Athey Jr. froze some real estate assets McDonald held in her name alone, while leaving others she co-held with other family members free of possible civil liability. However, since that time several of her family members have been named as co-defendants in the EDA civil litigation alleging a McDonald-led conspiracy to move EDA assets to the personal benefit of her and others. The defendant list in that civil case has climbed to as many as 23 co-defendants alleged to have conspired and/or benefitted from the alleged embezzlements.

What implication movement on the McDonald criminal case might have on charges against some, if any, of the civil case co-defendants, some who also previously faced criminal charges dropped by the state Special Prosecutor’s Office on speedy trial/dismissal concerns, remains to be seen.

Royal Examiner will publish additional information on this evolving situation as it becomes available. This story was updated at 3:55 p.m.

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EDA in Focus

EDA deals with banking issues, marketing strategies – and bids a fond farewell to administrative assistant



The EDA Board of Directors met today for their regular monthly meeting. After an approximately 90-minute Closed Meeting, several motions were presented:

Royal Arms Bond Conversion

On a motion by Greg Harold, seconded by Jim Wolfe, and by unanimous vote, the Board approved the following resolution:

“To authorize the Chairman and Secretary and/or other officers of the Authority to execute, seal as appropriate, and deliver the Amendment to Multifamily Housing Note (Fixed Rate) and the Replacement Certificate, and any related certificates or documents to evidence the conversion of the Authority’s $15,400,000 Multifamily Housing Revenue Construction/Permanent Note (Royal Arms Apartments) 2019 Series A-1 from the construction draw-down note to the fixed rate note effective on the conversion date which is expected on August 27, 2021.”

EDA Loan Restructuring with First Bank & Trust

On a motion by Tom Patteson, seconded by Jim Wolfe, and by unanimous vote, the Board approved the following resolution:

“To authorize the Chairman and Secretary and/or other officers of the Authority to execute and deliver, as appropriate, the proposal from First Bank & Trust (the “Bank”) entitled ‘First Bank Term Sheet for Warren EDA Loans Restructuring (including Exhibits A and B thereto)’ and to proceed to prepare final loan restructuring documents for review and approval by the Authority.

Other items that the Board of Directors addressed included unanimously approving a settlement with Steve diPasquale d/b/a Front Royal Premier Copiers for an outstanding balance on his RBEL loan, lease, and utility reimbursements. The Board also unanimously approved updates to the EDA Bylaws.

In other news, Director Jim Wolfe reviewed how current EDA activities in marketing and finance are fulfilling the goals of the Strategic Plan. He also discussed the desire of the board to have final FY2018 and 2019 audits for presentation next month.

The EDA is looking increasingly toward a bright economic development future for this community. But that future will be realized without Administrative Assistant Gretchen Henderson, seated under the watchful eye of the Royal Examiner camera in file photo, who is moving across the hall to the Northern Shenandoah Valley Regional Commission where she will take on full-time accounting duties.

Finally, Chairman Jeff Browne led the Board in bidding a fond farewell to EDA Administrative Assistant Gretchen Henderson, whom he cited as being a pivotal staff cog willing to put the extra time in to help the EDA “turn a corner where we’re beginning to put things behind us” and look toward the community’s economic development future, rather than spend so much time cleaning up the past.

“Gretchen has been a wonderful help … I’ve frequently gone, ‘Well, how would you like to take this on’ and she did it magnificently. And I just want to day how much we appreciate her, and I think I speak for everyone – You were a Godsend to have here; we were lucky to have you for three years.” And Browne noted that she wasn’t going far, just moving “next door” where she will become a full-time staff accountant for the Northern Shenandoah Valley Regional Commission. The now vacant EDA position, Friday was her last day, will be advertised on the Warren County government website, as well as, and on LFCC Workforce Solutions.

(From an EDA Press Release)

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WARREN COALITION OFFERS FREE TRAUMA-INFORMED TRAINING IN SEPTEMBER Have you ever felt alone? Do you wonder why you react the way you do? Do you work with children? If you answered yes to any of[...]
7:00 pm Community Parent Night @ Dominion Ridge Academy
Community Parent Night @ Dominion Ridge Academy
Sep 28 @ 7:00 pm – 8:30 pm
Community Parent Night @ Dominion Ridge Academy
Dominion Ridge Academy is proud to host this free community event for parents featuring international speaker, author, and comedian Christopher O’Shaughnessy. Come enjoy an evening of laughter and inspiration as Chris addresses the themes of[...]
4:00 pm Oktoberfest: Family Fun Day @ Wakefield Country Day School
Oktoberfest: Family Fun Day @ Wakefield Country Day School
Oct 2 @ 4:00 pm – 8:00 pm
Oktoberfest: Family Fun Day @ Wakefield Country Day School
October 2, 2021 from 4pm-8pm All are welcome to attend the 2nd Annual Oktoberfest at Wakefield Country Day School. Loosen your Leiderhosen and get ready for Oktoberfest! This year, the Edelweiss Band is coming to[...]
5:00 pm 6th Annual Wine Pull @ Front Royal Golf Club
6th Annual Wine Pull @ Front Royal Golf Club
Oct 14 @ 5:00 pm – 7:00 pm
6th Annual Wine Pull @ Front Royal Golf Club
Last year we did not get to hold our annual Wine Pull due to COVID. We are so excited that we are able to have this fun fundraising event this year, so be sure to[...]
1:00 pm Fall Craft Festival @ Fort Valley Museum
Fall Craft Festival @ Fort Valley Museum
Oct 30 @ 1:00 pm – 4:00 pm
Fall Craft Festival @ Fort Valley Museum
Fort Valley Museum Fall Craft Festival – Annual Fundraiser October 30 & 31, 2021 | Saturday 1-4pm, Sunday 2-5pm Come by and support the Fort Valley Museum at our annual Fall Craft Festival (formerly “Christmas[...]