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BLEDA unanimously tabled discussion of selling Parcel No. 65-00403-0430 until all members are present; no action was taken in closed session.
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The Economic Development Authority did not decide whether to sell the property and will revisit the matter when the full membership is present. Commissioners also discussed clarifying whether nonprofits may qualify for revolving loans, but no policy change was adopted. The authority approved January and February financial reports, which showed $338,000 designated for future development, $100,000 in the revolving loan fund, and an operating deficit of $91,587 expected to improve after property tax revenues arrive.
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