Brunswick County finalizes dissolution of EDC by transferring money, property

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Brunswick County
Brunswick County

All remnants of the defunct Brunswick County Economic Development Commission and Economic Development Corporation were transferred over to the county this week.

Assets transferred to county control include 4 acres of land at the Leland Industrial Park and more than $140,000 in cash, according to Amanda Hutcheson, public information officer for Brunswick County. Brunswick County Manager Ann Hardy is in the process of creating an advisory committee to assist county commissioners in overseeing economic development after commissioners voted to dissolve the EDC and create a county agency with the same functions.

Brunswick County commissioners appointed themselves as economic development board members on July 6 , after voting to dissolve the county’s current Economic Development Commission (EDC) in lieu of a county-run agency to oversee industry recruitment and economic development.

Hardy said the move to appoint commissioners to the board was “to be able to wind down both entities” in terms of cash on hand and other assets, such as the Leland property and several vehicles. She hopes to have the committee’s bylaws and makeup created within the coming weeks and plans to present the board with her plans for the committee later this month.

Jim Bradshaw, the former Economic Development director set to retire in August, will continue serve as a special assistant to Hardy for economic development until his retirement. Hardy will serve as the county’s interim economic development director until a permanent director is named.

The move to dissolve the EDC came hours after all members of the board of directors for the commission and the corporation resigned their posts on Tuesday.

During a meeting a week before the dissolution, the board of directors that oversaw the EDC adopted a resolution that the EDC and its nonprofit Economic Development Commission Foundation separate from county government.

Related story: Brunswick Economic Development Commission to separate from county; director to retire

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