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EDA in Focus

County EDA Non-Suits Civil Litigations Against Town of Front Royal Among Other Post-Closed Session Actions

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The Front Royal-Warren County EDA (EDA) held its monthly meeting on Friday, March 22, 2024, at 8 a.m. Six board members and legal counsel were present, and Rob MacDougall and Bruce Townshend participated remotely.

The County-overseen EDA gets down to business, including with some remote hookups of the legal council and two members, one pictured here, Friday morning, March 22.

The regular meeting began with Committee and Board Reports. The Asset Committee provided an update that settlement on Stephens Industrial Park-Lot 6 is underway. The County Director of Economic Development, Joe Petty, reported on the ongoing County Fiscal Year-2025 budget meetings, recent appointments with small business loan applicants, and an increase in business prospect inquiries for Front Royal and Warren County. As part of “New Business,” the Board approved a motion to authorize the current Chair, Jd Walter, as the registered name on the EDA’s PO Box.

The Board concluded the meeting with a closed session to discuss the potential disposition of real property to business prospects and legal consultation on active litigation. Following the closed session, the Board approved a confidential settlement agreement; a resolution to take a voluntary non-suit as to each of the lawsuits filed by the EDA against the Town of Front Royal; a motion to accept $350,000 from Jennifer McDonald and Samuel North to convey title to 158 Faith Way; and a motion to engage with Timberlake-Smith to serve an EDA’s general counsel beginning May 1, 2024.

Elaboration on these actions will be posted when and if any further information becomes available.

The next monthly Board meeting will be held on Friday, April 26, 2024, at 8 a.m., at the Warren County Government Center.

(From a release by the FR-WC EDA and Warren County Director of Economic Development)

Front Royal, VA
79°
Showers in the Vicinity
6:38 am7:47 pm EDT
Feels like: 79°F
Wind: 8mph SW
Humidity: 42%
Pressure: 30.11"Hg
UV index: 7
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88°F / 66°F
91°F / 66°F
91°F / 66°F
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