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The board received the April financial report, which showed $7.32 million in liquid assets, $6.76 million in fund balance, and $201,826.07 in monthly revenue, including $182,765.97 in sales tax revenue. No action was taken after closed-session discussions about property at 9353 Benbrook Blvd. and the JH Restaurant Project.
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The Economic Development Corporation reviewed its financial position and reported substantial available funds for current and pending projects. The board also discussed a property purchase or related negotiations and a potential business incentive behind closed doors, but made no resulting decision in open session. Members approved the prior meeting minutes by a 6-0 vote.
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