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Council approves up to $2M reimbursement to Texarkana College for "Assembly Line" business incubator

2065093 · January 3, 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

The Texarkana City Council approved Resolution 2024-153 to reimburse Texarkana College up to $2 million for converting the former Discovery Place Children’s Museum into a two‑story business incubator and amended a design-build agreement to a design‑services contract for up to $40,000.

The Texarkana City Council on Nov. 12 approved a resolution authorizing agreements to support the "Assembly Line" business incubator, including a reimbursement commitment to Texarkana College of up to $2,000,000 and a design‑services agreement with architect Bill Patton not to exceed $40,000.

City Manager Dr. David Orr told council the project, approved as part of the 2023 bond fund, will remodel the old Discovery Place Children’s Museum into "a 2 story business incubator…

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