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Council approves letter of support and incentive package for 'Project Patriot' contingent on annexation

5118350 ยท July 2, 2025

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Summary

After executive session, Granbury council approved a letter of support and a proposed incentive package for a development identified as "Project Patriot," contingent on annexation of the project site.

After returning from executive session on July 1, the Granbury City Council voted to approve a letter of support for an economic development opportunity identified in meeting materials as "Project Patriot," along with a proposed incentive package contingent on annexation of the project site.

Councilmember Wadley moved and the motion was seconded. The council approved the motion by voice vote with no recorded opposition (passed 5-0 in the transcript). The motion instructs city staff to provide the letter of support and proposed incentive package to the prospective developer, subject to the developer agreeing to an annexation process and the terms included in the package.

What's next: Staff will work through annexation procedures and negotiate final development and incentive agreements as appropriate. Any final incentive agreements that require budget appropriations or ordinance changes will return to council for formal consideration.