Albemarle Supervisors briefed on economic development efforts
The Albemarle Economic Development Authority administers grant and bond programs that seek to encourage businesses to expand in Albemarle or to locate their operations there. On October 19, 2021, the seven-member EDA Board of Directors formally authorized their role in a performance agreement for the firm Bonumose to open a demonstration facility in the former State Farm Building. That came at a joint meeting with the six elected members of the Albemarle Board of Supervisors.
Doug Walker is the Deputy County Executive.
“These two bodies work in collaboration with each other,” Walker said. “They are considering the same projects, the same agreements, and they do them in concert with each other.”
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