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Anna CDC approves transfers to EDC, $100,000 demolition contract and $75,000 grant support
Summary
The Anna Community Development Corporation approved three resolutions on Aug. 7 authorizing up to $75,000 to support a city grant application, up to $250,000 to transfer to the Anna Economic Development Corporation for unspecified projects, and up to $100,000 for demolition of six downtown structures under a Hawkins Construction agreement.
The Anna Community Development Corporation voted Aug. 7 to authorize three separate expenditures: up to $75,000 to support the City of Anna’s application to the Texas Community Development Block Grant (Community Development Fund); up to $250,000 to transfer from the CDC to the Anna Economic Development Corporation for certain projects; and up to $100,000 for demolition of structures on downtown CDC-owned properties under an agreement with Hawkins Construction.
The actions were taken after brief public hearings. City and CDC staff described the $75,000 item as a housekeeping transfer tied to a previously approved Community Development Fund grant that funded street work near Reagan’s; the CDC’s role is to transfer the funds back to the city to complete that grant-related accounting. The resolution authorizes an expenditure “not to exceed $75,000” to support the city’s application to the Texas Community…
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