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EDA says agreement with Raymond Sage on Visa Plus is near completion; Sage has ordered equipment and paid $25,000 deposit

2461894 · February 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

EDA members reported a pending agreement with Raymond Sage related to a Visa Plus project; counsel/staff were expected to finalize documents the following week and Sage had already ordered equipment and paid a $25,000 down payment.

The Grayson County Economic Development Authority said it is finalizing an agreement with Raymond Sage for a project at the Visa Plus site and expects paperwork to be ready soon for signatures.

Why it matters: Board members indicated the agreement is the final step before the EDA’s previously authorized signatories can execute the contract and Sage can move ahead with site work and equipment installation.

What board members reported - Status of agreement: A member told…

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