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The Industrial Development Corporation unanimously approved $50,000 for a FY26 GEDP membership renewal and $10,000 to sponsor the 2025 GEDP Economic Development Summit. Staff reported $26.2 million in fiscal-year sales tax revenue, up 8.5% from 2024 but 2.5% from 2023 after accounting for Hurricane Beryl and flooding impacts.
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The approved $60,000 will support the Galveston Economic Development Partnership and its economic development summit. The board also received updates on delayed Sandhill Crane soccer fields and the South Shore pump station, including concerns that funding for the pump station could be revoked if progress is insufficient during the 12–14-month extension period. A neighborhood meeting about the South Shore project is scheduled for October 15 at 5:30 p.m.
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