File #: ID 21-202    Version: 1 Name: Supplemental Appropriation (AFID)
Type: Supplemental Appropriation Status: Passed
File created: 5/20/2021 In control: City Council
On agenda: 6/8/2021 Final action: 6/8/2021
Title: Consider a supplemental appropriation for the Economic Development Department in the amount of $500,000 for funds received from the Virginia Agriculture and Forestry Industries Development (AFID) program
Attachments: 1. Memorandum, 2. Supplemental Appropriation

Subject:

Title

Consider a supplemental appropriation for the Economic Development Department in the amount of $500,000 for funds received from the Virginia Agriculture and Forestry Industries Development (AFID) program

Body

Presented By:  City Staff

Recommendation and Review

The City was awarded AFID funds in the amount of $500,000 from the Virginia Department of Agriculture and Consumer Services to be passed through to Shenandoah Valley Organic (SVO) for the construction of their new facility. This funding must be appropriated into the City’s budget in order for the funds to be distributed to SVO.