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Live Oak EDC recommends $2.40 million in FY2025–26 expenditures to city council after public hearings with no public comment
Summary
At its Sept. 30 meeting the Live Oak Economic Development Corporation held public hearings on proposed FY2025–26 expenditures, received no public comment, and recommended that the City Council consider resolutions totaling $2,404,121 for water-rights purchases, grants and park improvements; most recommendations passed the EDC vote without dissent.
Live Oak Economic Development Corporation members on Sept. 30 recommended that the City Council consider resolutions authorizing up to $2,404,121 in Economic Development Corporation (EDC) expenditures in the 2025–26 budget, city staff said.
The recommendations followed a series of public hearings on individual budget items; staff opened each hearing, summarized the request and closed the hearing after noting there were no members of the public who wished to speak. Miss Louder, EDC staff, told the board the public-comment period for the package runs 60 days and “that date will expire on December 2.”
The most expensive single item the board recommended for council consideration was $522,690 for work on the main park basketball pavilion. Miss Louder said the pavilion is “kind of aging” and added, “we are hoping to get a grant to contribute to that as well.” The board also recommended up to $300,000 to purchase future water rights; Louder said approving the request would increase the EDC’s…
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