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Red Line/Fusion withdraws incentive application; MDD staff notes finances and family matters as reasons
Summary
An applicant described as Red Line or Fusion asked to withdraw its incentive application; staff said the applicant cited personal and financial issues and may reapply in the future.
Argyle Municipal Development District members were told July 1 that an applicant identified as Red Line or Fusion has withdrawn its request for a development incentive.
Staff reported the applicant did not attend the June meeting because of a personal conflict and informed staff late the night before the July meeting that it would withdraw the application because of financial uncertainty related to that personal matter. Staff conveyed the board’s well wishes and noted the applicant may reapply in the future.
Ending: Staff said the applicant retains the option to complete or refile the existing application at any time.
