The Board unanimously approved a Burkburnett Development Corporation authorization and budget transfer of up to $35,000 to fund the Ink & Beam Incentive Agreement.
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What this means
The action makes up to $35,000 available for business-related expenses through the Burkburnett Development Corporation. Commissioners also approved a lease and economic development agreement with the Red River Riding Association, appointed a Finance Director based on the City Manager’s recommendation, and approved planning services procurement for a comprehensive road-safety action plan.
Key decisions
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Approved the consent agenda unanimously, including a Development Agreement for Pump City Diner and initiation of the professional planning services procurement process for the Safe Streets and Roads for All Comprehensive Safety Action Plan and Demonstration Project.
Approved the City Manager’s recommendation to appoint a Finance Director; the appointee’s name was not stated in the minutes.
Approved a lease and Chapter 380 Economic Development Agreement with the Red River Riding Association unanimously.
Appointed Stephen Stubblefield and Joe Viavattene to the Burkburnett Development Corporation Board unanimously.
Approved Resolution 810, authorizing the Burkburnett Development Corporation to spend up to $35,000 on business-related expenses.
Approved transferring $35,000 from the Burkburnett Development Corporation’s Money Market Account to its Economic Incentives line item to fund the Ink & Beam Incentive Agreement.
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