Scott County Economic Development Authority Minutes 2026-04-22
EDA invests $800,000 in state LGIP fund
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Description
The Scott County Economic Development Authority approved investing $800,000 from the sale of the Pioneer Center into the state-managed LGIP, granting the Chairman and Director authority to complete all related paperwork. The move shifts idle bank funds into an accessible, pooled investment vehicle.
Contract Details
Contract Amount
$800,000
Vendor
LGIP
Agency
Scott County, VA
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
Renewal Info
LGIP operates as a liquid investment pool with funds accessible at any time; no fixed term or renewal date applies.
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Scott County Economic Development Authority Minutes 2026-04-22
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