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The board unanimously approved selling about 8.48 acres at the Industrial Park to DLH Real Estate, LLC for $370,000, with the buyer responsible for disposing of stockpiled dirt on the property. The board also approved the 2026 investment policy, November financials, and a COSADC bylaws amendment. A proposed marketing contract was tabled until the next meeting after a $38,700 option failed on a 2-3 vote.
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The approved land sale allows the Development Corporation to transfer approximately 8.48 acres for $370,000, while requiring the buyer to handle stockpiled dirt on the site. The board discussed road connections between Knickerbocker Road, Twin Mountain, and Mertzon Highway, as well as possible funding for affordable housing infrastructure, but the minutes do not record final action on those discussions. The board scheduled a public Strategic Planning Workshop for February 11, 2026, following its regular meeting.
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