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Gunbarrel EDC budget approved; council clears hiring of EDC director and OKs process for exterior-sign incentive
Summary
Council adopted the Gunbarrel City Economic Development Corporation 2025-26 budget, approved an employment contract for a new EDC director and advanced a proposed $8,000 reimbursement agreement for a business sign to a public-notice period.
The Gunbarrel City Council adopted the Gunbarrel City Economic Development Corporation (EDC) fiscal 2025-26 budget and approved an employment agreement for the EDC director following council action.
City staff said the EDC board approved the budget at its August meeting by a 5-2 vote. Dr. Smith presented the EDC materials, noting the corporation holds about $2.3 million in reserves and that the budget…
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