Council approves BEST grants to two Colleyville businesses totaling up to $35,000

The Colleyville City Council on Feb. 4 unanimously adopted Resolution R-25-5010 to authorize two economic-development reimbursement grants under the BEST program (Business Enhancements to Support Transformation).

Assistant city staff member Mark Wood summarized the awards: MDT Terra Ltd (Terra Village shopping center, 1009–1101 Cheeks Parker Road) plans $327,000 in improvements and will receive a BEST grant not to exceed $30,000 to help support landscaping ($65,000), signage ($11,000), parking-lot repairs, structure painting (about $60,000) and roofing improvements (more than $150,000), plus gazebo updates. Raid Group LLC, doing business as Signature Arts Dental at 6908 Colleyville Boulevard, plans about $50,000 in improvements — roughly $32,000 for landscaping, $13,000 for a monument sign and parking/concrete repairs — and will receive a BEST grant not to exceed $5,000.

Program purpose and process: Staff described the BEST program as a city partnership that reimburses exterior, road-facing improvements that support commercial corridor revitalization. Staff encouraged eligible businesses to apply and noted the city has funds reserved for such incentives. After a brief public hearing with no speakers, the council approved the resolution 7-0.

Votes and next steps: The motion to adopt Resolution R-25-5010 passed unanimously; the city manager or his designee was authorized to execute documents necessary to implement the agreements. No public comments were recorded on the grants during the hearing.

Ending: Council members praised private investment in property improvements and invited other businesses to apply for the BEST incentives.