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El Campo CDC approves $50,000 site-improvement grant for planned convenience store; conditions attached
Summary
The City Development Corporation approved a site-improvement grant equal to 10% of eligible project costs (capped at $50,000) for a planned $3 million convenience-store and restaurant project at Jackson and Wharton; the CDC outlined conditions including certificate of occupancy within 18 months and a 24-month job/operation performance agreement with lien remedies for repayment.
The City Development Corporation (CDC) and El Campo City Council approved a site-improvement grant up to $50,000 (10% of eligible project costs) for a proposed $3,000,000 convenience-store and restaurant project at the southwest corner of Jackson and Wharton. The project contact was identified as Amin Ali.
CDC staff said the board approved the grant because the project is large, projected to create 3–5…
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