The Grayson County Economic Development Authority reviewed financial activity for October and discussed next steps for a deteriorating building known as the Roundhouse.

Finance update: staff reported the board received highlighted activity added since the last meeting, including a payment to Wyatt Landscaping and Maintenance, receipt of interest-only payments from Family Life Cafe (also referenced as Grace and Diner) and the first loan repayment from Grace and Diner. A board member asked for confirmation that the interest figure covered six months and staff confirmed that was the case. No formal budget vote was taken at the meeting.

Minutes and agenda change: a board member made a motion "to approve the minutes and to amend the agenda as noted" to add Miss Williams and Miss Brown to new business. The transcript does not record a roll-call vote; meeting discussion proceeded after a second was offered. (Motion mover: Speaker 2; second: not specified; outcome: approved as part of routine meeting business, vote method not recorded in transcript.)

Roundhouse discussion: Board members reported the previous agreement regarding the Roundhouse had expired and the property owner (John Vines, identified in the transcript) had not acted. Members described the Roundhouse as being in poor condition and located in a flood zone. Options discussed included demolishing the structure, marketing the parcel for sale to recover investment, or pursuing a conversion such as a vintage-trailer rental concept beneath oak trees. No formal action or direction to staff to demolish or dispose of the property was recorded at the meeting; the board discussed following up with the property owner on next steps and exploring marketing options.

Other briefing items: staff provided brief updates on a benefits project (still coordinating with Rooftop and reviewing agreement reporting requirements), a hydroponic/greenhouse estimate (roughly $120,000 with cost components discussed informally), and a social-media post noting a local business (Angie’s) had closed again.

Ending: The EDA moved toward a closed-session item on selecting business or industrial sites but did not record any formal closed-session action in the public transcript at the time the meeting moved to that agenda item.