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Crockett economic development board votes to dissolve; city council accepts termination and distribution plan
Summary
At a joint meeting, the Crockett Economic and Industrial Development Corporation voted to terminate itself and approve a plan to wind up and distribute assets; the Crockett City Council subsequently approved an interlocal agreement to carry out the wind-up process.
At a joint meeting of the Crockett City Council and the Crockett Economic and Industrial Development Corporation (CEIDC), the CEIDC board voted to terminate the corporation and approve a plan to wind up and distribute its assets. The City Council later approved a corresponding resolution accepting the termination and authorizing an interlocal agreement with the CEIDC to prepare and execute documents needed to complete the dissolution.
The vote followed an executive…
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