2026-08-18 JCDA Board of Directors Meeting

The Jefferson County Development Authority (JCDA) Board of Directors meeting was held on Aug. 18, 2026, according to the meeting title; the supplied metadata lists Aug. 19. The board reviewed its FY2027 budget amid reduced public operating support: the proposed budget assumed no County Commission operating contribution and $30,800 in state grant income, with $47,800 of costs expected to shift to the County’s new Office of Economic Development. Members discussed using reserves, the Authority’s $921,000 reserve balance, an $825,000 interest obligation, and the need for recurring revenue. The board approved the budget proposal with an amendment increasing legal expenses by $5,000 and the reserve transfer to $29,000. Lot 12, recently acquired through the tax-sale process and estimated at about $300,000 in value, was discussed as a possible source of future revenue through sale, lease, or development; no disposition was approved.

The board approved issuing an RFP for on-call engineering services, which could support preliminary engineering, water and sewer extensions, and site-development work. It also appointed an audit committee and authorized it to issue an RFP for FY2026 audit services. For the strategic plan, members approved ZMM Architects’ Phase 2 proposal for $32,000, in addition to the previously approved $15,000 first phase, subject to negotiating payment terms of 20% upfront and the balance net 60; if the consultant does not accept, the matter is to return to the board at a special meeting. The board also received an update on the $150,000 West Virginia Ready Site grant, which is pass-through reimbursement funding, and on discussions with a property owner about site-readiness improvements. No vendor was selected through the engineering or audit RFPs at this meeting.