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Council sets aside $1 million from North Tiers to aid flood-damaged commercial properties
Summary
Council approved a $1,000,000 set-aside from the North Tiers fund to help commercial properties in RM-1 and RM-2 zoning affected by the July 4 flood; eligible properties (about 72) may apply for up to $55,000 each under modified conditions and a 90-day application window begins on adoption.
The San Angelo City Council unanimously approved a resolution to set aside $1,000,000 from the North Tiers fund to help commercial and multi-family properties in RM-1 and RM-2 zoning damaged by the July 4 flood.
Aaron Vannoy, director of planning and development services, said staff identified roughly 72 individual properties in the affected area that showed water damage. The set-aside would come from the…
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