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Grayson County EDA reviews financials, records loan repayment and debates future of the Roundhouse property
Summary
The EDA reviewed October activity (payment to Wyatt Landscaping and an interest-only payment and first loan repayment from Family Life Cafe/Grace and Diner) and discussed options for the Roundhouse property—marketing for sale, demolition because of flood-zone placement, or conversion to a vintage-trailer site.
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…
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