Council approves Denison Development Alliance budget amendments, greenlights $300,000 water-line project
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Summary
Council approved amendments to the Denison Development Alliance's FY25 budget, removing an expected $3.2 million property sale and EDA grant revenue and adding about $300,000 for a 12-inch water-line loop to serve Foundation Industrial Park infrastructure.
Denison —1 Aug. 4, 2025 —1 The Denison City Council approved proposed amendments to the Denison Development Alliance fiscal year 2025 budget that adjust anticipated property-sale and grant revenues and fund a recommended water-line infrastructure improvement in Foundation Industrial Park.
Miss Alsaba introduced the agenda item and DDA president Tony Kai reviewed the proposed changes the DDA board approved June 26, 2025. Kai said an anticipated EDA infrastructure grant and a proposed $3.2 million property sale did not materialize; the DDA did, however, record $27,000 in EDA grant receipts from a prior award. "So really the main issue that we're here for tonight is the infrastructure for the foundation business park... they've recommended that we install a 12 inch water line so we can loop the 8 inch line that's out there in the park. And that additional cost is about 300,000," Kai said.
Council (motion by Mayor Pro Tem Adams, second by Councilman Courtwright) approved the amended budget unanimously. City staff are acting as a partner on the water-line construction and the line is under construction, the DDA said.
Why it matters: The water-line project supports industrial-parcel development and future buildings in the Foundation Industrial Park; removing optimistic property-sale and grant revenue reflects a more conservative budget that the DDA and council approved.
Next steps: DDA and city public works will proceed with construction and reimbursement processes; council approved the amendment to reflect current revenues and project commitments.
