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The Mayor and Council voted 3-2 to frontload Rockville Economic Development, Inc. (REDI) funding, authorizing $305,000 by September 30, 2022, and the remaining $487,665 around January 17, 2023.
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The approved payment schedule advances the city’s FY 2023 funding for REDI’s Small Business Impact Fund, Move/Expansion Incentive Fund, and Maryland Women’s Business Center. The council also voted 4-0 to file an interim zoning text amendment allowing floating zones tied to Rockville 2040 Comprehensive Plan recommendations.
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