Subject:
Title
Consider a supplemental appropriation for the Economic Development Department in the amount of $75,000
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Presented By: Economic Development Director.
Recommendation and Review
The City has received a Commonwealth Opportunity Fund award in the amount of $75,000 that Governor McAuliffe has authorized for AxonAI, Inc. to utilize to recruit, hire, and train future workers. This supplemental appropriation places this state grant award into the Economic Development Department budget for payment to AxonAI, Inc.