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EDA in Focus

Summary of the Warren County EDA Board meeting of Friday, February 26

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The EDA Board of Directors conducted their regular monthly board meeting this morning, February 26, via Zoom. The Board welcomed Front Royal Town Manager Steven Hicks prior to going into Closed Session. Mr. Hicks noted that the Town’s budget proposal for the fiscal year 2022 was being prepared. A summary overview was included in the board packet and digital copies of the 32-page presentation are available from the EDA office. Please contact Administrative Assistant Gretchen Henderson at 635-2182.

Board Chair Jeff Browne congratulated Mr. Hicks on his appointment to Executive Director of the Front Royal EDA and stated that the Board of the Front Royal Warren County EDA is looking for working with him.

Following an approximately 30-minuted Closed Meeting, the Board approved a motion on the disposition of McKay Springs. In order to facilitate and expedite the sale of parcels at the McKay Springs location, the Board approved transferring the parcels deeded in the name of the EDA to Warren County.

Continuing in Open Session, Jeff Browne gave a report from the Executive Committee. He advised the Board and the public that Warren County will be designated as a Spotted Lanternfly quarantine locality in mid-March, along with Clarke and Frederick counties, and the City of Winchester. This will impact businesses located in and doing business in Warren County. For more information please visit www.vdacs.virginia.gov/plan-industry-services.shtml

Director Jim Wolfe shared information on the progress of the EDA Strategic Plan updates. He’s looking forward to feedback on the working document and completing a final draft for review.

Asset Committee Chair Greg Harold discussed a new development that will have an impact on the EDA-owned property on Royal Lane. He shared the news that the Town of Front Royal is considering updating the Town Code to allow a Conditional Use Permit to be bonded with the property rather than the owner. With this change, Harold expects to improve the successful marketing of this property for a developer of multi-family workforce housing. The EDA is very interested in selling this property and supports the Town Planning Department in its efforts.

EDA Executive Director Doug Parsons had several items of interest to share, including the launch of the renovated EDA website at www.wceda.com, and that the auditors are finalizing their report. Additionally, he reported that the proceeds of $323,179.18 from the sale of the Afton Inn have paid down the principal on the First Bank & Trust Line of Credit. This lowered the payment, saving the taxpayers $1,242.70 per month, or $14,912.40 per year.

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