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Selma council approves second amendment to Chapter 380 incentive for Cambridge Development Group
Summary
The council approved a second amendment to a Chapter 380 economic development incentive agreement with Cambridge Development Group, providing a $300,000 credit toward development services fees for a wastewater lift station, waiving certain stormwater and traffic study fees, and authorizing city leaders to sign the amendment.
The Selma City Council on April 10 approved a second amendment to a Chapter 380 Economic Development Incentive Agreement with Cambridge Development Group, Inc., city staff said.
Staff said the amendment would provide a $300,000 credit toward development services fees to help fund a wastewater lift station intended to facilitate future development in the project area. The amendment also would waive fees in lieu of storm water detention and the requirement to pay for a traffic…
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