{"id":50384,"date":"2023-03-01T06:17:33","date_gmt":"2023-03-01T11:17:33","guid":{"rendered":"https:\/\/www.wrfalp.com\/?p=50384"},"modified":"2023-03-02T11:18:52","modified_gmt":"2023-03-02T16:18:52","slug":"jldc-approves-federal-arpa-funding-for-own-board-members-likely-violates-bylaws","status":"publish","type":"post","link":"https:\/\/www.wrfalp.com\/jldc-approves-federal-arpa-funding-for-own-board-members-likely-violates-bylaws\/","title":{"rendered":"JLDC Approves Federal ARPA Funding for Own Board Members, Likely Violates Bylaws"},"content":{"rendered":"
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The JLDC Board of Directors during its most recent meeting in February. The JLDC is comprised of elected city officials and community stakeholders and is considered the economic development lending arm of the city.<\/em><\/p><\/div>\n

JAMESTOWN – Last year the Jamestown Local Development Corporation<\/strong><\/a> (JLDC) became one of the most powerful government agencies in Chautauqua County when the city of Jamestown charged its board with appropriating nearly $9 million in federal American Rescue Plan Act<\/strong> (ARPA) moneys aimed at economic development, primarily to assist businesses and organizations impacted by the COVID-19<\/strong> Pandemic. Another $2.9 million in ARPA funds was appropriated to JLDC to assist with residential property improvements and to also update city code.<\/p>\n