White Stone to fine tune application process for distribution of CARES Act business grants

Lisa Hinton-Valdrighi

by Lisa Hinton-Valdrighi

WHITE STONE—At the recommendation of Mayor Randy Reeves, the White Stone Town Council voted not to adjourn November 5 but continued its meeting as a special work session this week. The focus will be the application process for CARES Act funding.

White Stone has received $58,649 in CARES Act money which can be used to “help the town and town businesses cope with the fallout from the pandemic,” said town attorney Matson Terry. He recommended an application similar to the one he drafted for the Northumberland board of supervisors.

The money is a grant, Terry explained, not a loan or taxable money.

A business owner in Northumberland did not apply, saying he didn’t want to pay taxes on it.

“It’s a grant. It’s not income. It’s free money,” stressed Terry.

He met with the White Stone Business…[to-view-more]