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Fulshear Development Corporation approves economic development agreement; minutes and payables also approved
Summary
At its May meeting the Fulshear Development Corporation approved minutes, authorized payment of $10,294.87 in monthly payables and approved a performance-agreement resolution with Fulshear Central, LLC that could provide up to $1,000,000 in incentives from the Type B EDC over 14 years.
The Fulshear Development Corporation on Monday approved three routine but consequential items: corrected minutes for its April 21, 2025 meeting, payment of the board’s monthly payables and a resolution authorizing a performance agreement with developer Fulshear Central, LLC.
The board voted to approve the April 21, 2025 minutes as amended to correct a wording error on the last page. The board next approved payment of $10,294.87 in payables for the period ending March 31, 2025. Finance staff reported sales-tax revenues received in May 2025 were up 14 percent from the same period a year earlier and…
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