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Board hears small business openings, zoning change and January financial report showing strong fund balance
Summary
City staff reported two new downtown businesses and a City Council‑approved zone change for a Laurel Street property; the board also received the January financial report showing a beginning fund balance of roughly $3 million and an unencumbered balance of about $2.4 million.
City staff updated the Friendswood Downtown Economic Development Corporation on recent downtown business activity and on the board’s January financials.
Steven, a city staff member, reported two businesses in the downtown district: First American Title Company at 2 Parkside and Darling E and T at 1106 (address as stated). Planning and zoning also approved a zone change for 311 Laurel from its prior designation to "multi‑family residential medium density" to "downtown district"; the change was approved by City Council on Feb. 3 and will allow a proposed mixed‑use redevelopment across from the old junior high and administration offices. Staff also noted the approved site plan for APA Designs, which will include a floral shop and a small wine bar and uses off‑site parking and creative parking solutions to preserve an existing large oak on the property.
On finance, the board received the January 2025 report. The report showed a beginning fund balance of $3,000,078, $67,896 in revenue, and no significant expenditures in January other than $13.33 for city staff services. That left an ending fund balance reported at $3,666,641 and an unencumbered fund balance of roughly $2,400,000. The treasurer noted sales tax revenue charts tracking recent months will be circulated with the record.
No actions were taken; staff will continue to monitor development projects and financials and will return with updates as needed.
