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FAR EDC approves letters of intent and agreements for multiple projects after executive session
Summary
After an executive session held under Texas law, the FAR Economic Development Corporation approved letters of intent and other actions related to Project POC, Universal Metals, Project Green, a Venus agreement for FY25–26 and its FY25–26 organization chart.
The FAR Economic Development Corporation voted to approve a series of project actions and administrative items after returning from an executive session called under the Texas Government Code.
The board met at 3:00 p.m. and went into executive session citing Texas Government Code §§551.071–551.087; after the closed session, members approved actions on Project POC, a letter of intent for Universal Metals, Project Green, an agreement labeled “Venus” for the 2025–26 fiscal year and the PDC organization chart.
The board approved the minutes and moved…
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