EDA in Focus
County EDA Focuses on Status of Kendrick Lane Building, Related Lease With C-CAP Before Adjourning to Closed Session
The Front Royal-Warren County EDA held its monthly meeting on Friday, January 26, 2024, at 8 a.m. Six Board members and legal counsel were present, Rob MacDougall was absent.
The regular meeting began with Committee and Board Reports. Jorie Martin, provided an update on the ongoing maintenance at the 400 Kendrick Lane building. Warren County Director of Economic Development Joe Petty discussed the FY-2025 budget schedule and an overview of planning for the 2024 Open-Door Business Session. The Board then scheduled a special meeting to discuss FY-2025 budget recommendations.
The County EDA at work in open session, from bottom left of table Warren County EDA Director Joe Petty, board members Jim Wolfe, Jorie Martin, Chairman Scott Jenkins at head of table, J.D. Walter, Hayden Ashworth, and Bruce Townshend. The chair noted that Rob MacDougall was absent due to his conflicting work schedule as a pilot. Below, the 400 Kendrick Lane building was discussed regarding an existing lease with C-CAP and ongoing maintenance issues.
During the New Business portion of the agenda, the Board discussed a recent meeting with C-CAP, a tenant at 400 Kendrick Lane. After the discussion, the Board then approved an amendment to the current lease agreement with C-CAP regarding the payment schedule.
The Board concluded the meeting with a closed session to discuss potential disposition of real property to business prospects; legal consultation regarding First Bank & Trust; and active litigation. No new business followed the closed session.
The FR-WC EDA will be having a Budget Planning meeting on Tuesday, February 6, 2024, at 6:30 p.m., and their next regular monthly Board meeting will be held on Friday, February 23, 2024, at 8 a.m., at the Warren County Government Center.
(From a release by the Warren County overseen FR-WC EDA)
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