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Galveston IDC adds $500,000 to Shield Park funds, keeps $100,000 annual accrual
Summary
The Industrial Development Corporation voted unanimously to keep a $100,000 annual accrual for Shield Park and to add a $500,000 one‑time allocation in fiscal 2026 to support design and remediation work, while staff and partners pursue matching grants.
The Industrial Development Corporation of the City of Galveston on July 8 voted to continue accruing $100,000 annually for Shield Park and to add a one‑time $500,000 allocation in fiscal year 2026 to support remediation and park improvements.
The board discussed a 2024 environmental assessment and grant opportunities, including the U.S. EPA cleanup grant and potential matching programs…
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