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IDA takes unused grants off the books
SoVaNow.com / January 21, 2013The Halifax County Industrial Development Authority took action Friday to wipe off the books a pair of grants that have gone unused.
Previously, the IDA was awarded Virginia Tobacco Commission grants for a project at the Green View Manufacturing facility that did not materialize.
Grant 2535 in the amount of $535,000 and Grant 2531 for $195,000 will go back into Halifax County’s allocation for grant funds from the Tobacco Commission.
The Board also voted to dispense with Halifax County’s grant match obligation in the amount of $90,000.
The IDA board also voted to award a $45,000 contract to Elliott Electric for additional back-up power at Riverstone Technology Park and an existing generator communications project at the park.
Funds for the project have been received from the Tobacco Commission.
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