At the close of its June 6 meeting, the Boulder Development Fund Board agreed to hold quarterly instead of monthly meetings going forward. That modest decision reflected the fulfillment of a big charter: to allocate $500,000 the state gave the city to offset the economic impact of the Montana Developmental Center’s closure.
“This has been tough work to get done,” Boulder City councilor Drew Dawson told his fellow board members. “It isn’t over,” he added, noting the board’s ongoing role in tracking funded projects, “but hopefully the really hard work is.”
The City of Boulder was awarded the money in 2017, and the Development Fund Board convened soon after to oversee its spending. The board reports to the Boulder Transition Advisory Committee — which reports to the Boulder City Council — and works closely with the Montana Department of Commerce, which must approve all fund disbursements.
