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Grayson County EDA reviews financials, records loan repayment and debates future of the Roundhouse property

6439192 · October 24, 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 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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