County overseen FR-WC EDA reviews committee reports, finances, and development of MOU with County at May meeting

The Front Royal-Warren County EDA held its monthly meeting on Friday, May 19, 2023, at 8:30 AM. All seven Board members, legal counsel, and the County Director of Economic Development were present; Board Members Rob MacDougall and Hayden Ashworth participated remotely.

The regular meeting began with committee reports. Board Chairman Scott Jenkins mentioned the next Open-Door Business Session on June 1, which will focus on Workforce, and provided updates on recent meetings. The Board also provided updates on the Avtex Conservancy Property progress.

Treasurer Jim Wolfe and County Director of Economic Development Joe Petty provided an update on the EDA financial statements. Mr. Wolfe also gave an update on the Small Business Loan Committee and proposed the next steps for the committee.

Board Chairman Jenkins and Mr. Petty gave updates on the draft EDA & County MOU (Memorandum Of Understanding) and support agreements that should be ready by June.

WC Director of Economic Development Joe Petty, speaking, and FR-WC EDA Chairman Scott Jenkins in Royal Examiner File Photo

The Board concluded the meeting with a closed session to discuss potential disposition of real property to business prospects and legal consultation on active litigation. No new business followed the closed session.

The next regular monthly EDA Board meeting will be held on Friday, June 23, 2023, at 8:30 AM, at the Warren County Government Center.