By AMANDA KIMBLE
TheFlashToday.com
ERATH COUNTY (March 9, 2017) – It’s hard to deny progress on the economic development arena with recent news about proposed constructions and the expansion of existing businesses.
Now another developer has eyes for the city.
Stephenville Economic Development Authority (SEDA) board of directors meets Friday, and according to the agenda, the city has been approached about partnering to build a public events center in the wide-open space at U.S. Highway 281 and Lingleville Road.
Wayne McKethan, outgoing interim city administrator who was charged with spearheading events center discussions, is expected to provide details at the meeting, which begins at 11:30 a.m. in the city hall training room.
Meanwhile, the board will discuss the upcoming Stephenville/Tarleton Day the state capitol, set for Tuesday, March 21. Stakeholders and interested community members are invited to take part in the legislative summit, but registration is limited to 50 participants.
The capitol agenda includes attendance at legislative sessions to be recognized by State Representative J.D. Sheffield and Senator Craig Estes. Subsequent group meetings with the Texas Water Development Board, Economic Development and Tourism and Texas Department of Agriculture, as well as member office visits.
The bus will depart from Stephenville at 5:45 a.m. and is expected to return at 6:30 p.m. Prospective attendees can register online.
Other agenda items include discussion on a potential incentive policy for new and existing businesses, which could be financial or include things like expedited planning and permitting processes.
Hubbard said the incentives are used to promote tax base diversification, job creation or business retention and expansion.
The board will also consider the relocation of the SEDA office from its current downtown location that includes a $1,200 monthly rental agreement to Clark Field Municipal Airport where a lower rate would be paid to the city.
The relocation would not only reduce expenses, but also help bring developers into the airport area, which is a prime location for future industry.
For more information on Friday’s meeting, view the agenda online.
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