Gaston County - File #: 22-383

• File #: 22-383
• Type: Resolution (Consent)
• Status: Passed
• File created: 9/9/2022
• In control: Economic Development Commission
• On agenda: 9/27/2022
• Final action: 9/27/2022
• Enactment date: 9/27/2022
• Enactment #: 2022-282
• Title: Commissioner Keigher - EDC - To Approve the Appropriation of TOSAF USA Rural Economic Development Division (REDD) Grant Funds Necessary to Reimburse the State ($41,670)
• Sponsors: Tom Keigher
• Related files: 16-391

Date	Ver.	Action By	Action	Result
9/27/2022	1	Board of Commissioners	approved	Pass

title

Commissioner Keigher - EDC - To Approve the Appropriation of TOSAF USA Rural Economic Development Division (REDD) Grant Funds Necessary to Reimburse the State ($41,670)

body

STAFF CONTACT

Donny Hicks - Economic Development Commission - 704-825-4046

BUDGET IMPACT
budget

Transferring $41,7670 from the General Government Capital Fund to the Community Investment Fund to reimburse the state for unspent grant funds.

body

BUDGET ORDINANCE IMPACT

N/A

BACKGROUND

This BCR is to request to reduce the TOSAF USA REDD Grant expense account and transfer funds to the Community Investment Fund to be sent back to the State. The company did not meet their hiring goal within the time frame allowed in the contract, and the State was unwilling to extend the terms of the contract.

POLICY IMPACT

N/A

ATTACHMENTS

Budget Change Request (BCR)