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Van Zandt County workshop weighs rules for using unclaimed-property funds on job growth
Summary
County economic-development representatives urged commissioners to use unclaimed property payments from the state controller to support primary-job creation, citing past performance agreements and measurable tax returns; staff and developers highlighted water, land control and infrastructure as principal constraints.
County officials and economic-development leaders met in a workshop to discuss criteria for spending unclaimed-property and other controller-returned funds on local economic development, with presenters urging the court to target primary jobs and infrastructure that support employers staying and hiring in Van Zandt County.
County Judge (unnamed) opened the meeting by identifying the source and restriction on the money: “So this is not taxpayer money that we have, but it's being it's in our account,” and said the county has designated the funds for economic development. Pam Pearson of Wills Point Economic Development and directors from Canton and Van described recent projects and recommended performance-based grants tied to job creation.
Pearson said the county previously…
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