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EdC application for $21,000 EDC forgivable loan for Wellness First Medical Center postponed
Summary
Council discussed an EDC infrastructure request to add an access cut and parking work for Wellness First Medical Center funded by a $21,000 forgivable loan from the EDC's business retention line; council voted to postpone for staff to revise the agreement and consider adding the property owner as a party to performance guarantees.
The Dickinson Economic Development Corporation’s request to fund an access modification and parking improvements at Wellness First Medical Center was discussed at length and postponed to the next council meeting so staff can revise the performance agreement.
EDC Director David Fonk explained the project would provide a cut in the median and parking improvements to address patient access problems caused by medians TxDOT installed on FM 517. Fonk said the project cost is $21,000 and the proposed incentive is a forgivable loan drawn from an EDC…
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