Title
Approval of Headwaters Fund Revolving Loan Fund Contracts to Arcata Economic Development Corporation and Redwood Region Economic Development Commission
Recommendation
That the Board of Supervisors review and approve the Headwaters Fund (HWF) Revolving Loan Fund (RLF) lender agreements with the Arcata Economic Development Corporation (AEDC) and the Redwood Region Economic Development Commission (RREDC) through June of 2019; authorize and direct the Chair of the Board to sign the lender agreements between the County and AEDC and RREDC (Attachments 1 and 2); and authorize that any consent or approval in these agreements required of County, the HWF Board, or the HWF staff, may be exercised by the County Administrative Officer or, upon the County Administrative Officer's written authorization, by the HWF Coordinator.