Randolph County Development Authority

This Eda Investment Supports the Construction of a 16,000 Square Foot Conference and Event Center at the Former Elkins Railyard Site in Randolph County, West Virginia. the Building Will Be a Single-story Building With Half of the Building Dedicated to Theater-style Seating That Is Flexible for Various Performances and the Other Half of the Building Will Be Designed for Flexible Open Space for Training Workshops, Trade Shows and Business Conferences. Once Completed, the Project Will Help Promote New Business Creations, Which Will Generate Jobs, Attract Private Investment, and Help Strengthen and Diversify the Regional Economy.

Committed

$5.4 Million

Paid to

UEI LMTYL9WBRMJ5

10 Eleventh Street, Elkins, WV, 26241

Department of Commerce

Economic Development Administration

Place

ELKINS, WV, UNITED STATES

WV-02

What it funds

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Commerce

Economic Development Administration

Economic Adjustment Assistance to

Randolph County Development Authority

Committed

$5.4 Million

Paid to

Randolph County Development Authority

UEI LMTYL9WBRMJ5

10 Eleventh Street, Elkins, WV, 26241

Department of Commerce

Economic Development Administration

Place

ELKINS, WV, UNITED STATES

WV-02

What it funds

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗