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Council accepts deed transfer to economic development corporation; staff outlines multi‑million dollar projects and grants
Summary
Council accepted a deed for TxDOT‑owned property that the Pecos Economic Development Corporation purchased and staff updated the council on multiple development projects, including the Hidden Heroes housing grant, gas/electric plant projects and broadband funding.
The Pecos City Council voted Thursday to accept a deed for property previously owned by TxDOT and authorized the city manager to transfer the deed to the Pecos Economic Development Corporation (EDC); the EDC purchased the site for $110,000, city staff said.
Charles Reno, city manager, reported that the property—described in the packet as the former Texaco yard on Second Street behind Quickstop—was acquired by the city at the EDC’s request so the EDC could hold and monetize the parcel. "The EDC board asked if we would ask to acquire the land and they would pay for it… They went ahead and paid $110,000 for the facility," Reno said. Council…
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