INDEPENDENT LOCAL NEWSNewport News, Virginia
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Budget & finance

EDA/IDA 2025 annual report — reported Costco participation amount

The EDA’s 2025 annual report states that a $3.25 million Costco participation agreement was authorized for transportation and infrastructure improvements near Jefferson Avenue and Bland Boulevard. This is the authority’s published account of the amount, not the executed agreement or evidence of payment.

Public body
Other public body
Department / collection
Newport News Economic Development Authority
Document date
Date not specified
Record type
Source link
Open Source Document

Source notes

2025 annual report, physical PDF page 21 (printed page 19). Exact issuance date is not established. The $3.25 million is the EDA’s reported authorization amount, not a verified contractual ceiling or payment.

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