
The Baxter County Quorum Court approved a $50,000 economic development fund in Tuesday night’s meeting. County Judge Kevin Litty, spoke with KTLO News to discuss the parameters of the fund.
Judge Litty acknowledges some of the concerns people have had with the fund, but says there are many possibilities for how the money will be used.
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While the Judge recognizes the risk of big businesses taking away from local businesses, he still thinks the new fund will have an overall positive effect on the area.
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How the new fund will be implemented will be determined by the Economic Development Committee and Judge Litty gives his opinion on the best use for the money.
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The Economic Development Committee will meet later this month to set the parameters of the fund.
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