Click for more info

Commissioners pave the way on deal for economic development

May 14, 2013

County Commissioners have instructed Joey Grisham, head of the Lake Granbury Economic Development Corporation, to draft a letter informing unnamed corporate executives that the court will entertain their request for a Chapter 380/381 Economic Development Agreement. Cities and counties sometimes enter into such agreements, which involve tax abatements and the company building infrastructure. Though the motion made by Precinct 2 Commissioner Dick Roan following a closed session did not name the company requesting the partnership, several sources say it is Kroger. There has long been a Kroger store near Business 377, but sources told the Hood County News that company execs are looking at building a new store.

Share...
Email this to someoneShare on FacebookTweet about this on TwitterShare on LinkedInPin on Pinterest

Category: Updates Archived