Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
El Campo CDC approves $200,000 in incentives for Aqua Fit Chlorination
Summary
The City Development Corporation approved a $100,000 infrastructure grant and a separate $100,000 job‑creation incentive for Aqua Fit Chlorination, contingent on documentation and job‑verification requirements; council approved both at the Oct. 13 meeting.
The City Development Corporation (CDC) recommended and the El Campo City Council approved two incentives for Aqua Fit Chlorination on Oct. 13: a $100,000 infrastructure grant to extend water/sewer service to a new building and a $100,000 job‑creation incentive tied to a condition that Aqua Fit create a minimum of 12 new jobs.
CDC representative (S13) said the infrastructure needs to serve the new building are estimated at about $225,000 and that the CDC board unanimously approved $100,000 toward those costs. The CDC representative described the larger project as a $2.5 million expansion that will add a pellet‑production line and new product lines. "This $2,500,000 project housing another pellet production line... will be expanding into Home Depot, Lowe's, Walmart, and Menards in Q1 26," the CDC representative read from the applicant statement.
The job‑creation incentive is conditioned on verification: CDC staff will use employer unemployment tax reports from the state to validate hires, paying the incentive one year after the jobs are created. The CDC representative said if Aqua Fit fails to meet hiring targets, the board will reduce or withhold payments accordingly.
Council members asked about the number of jobs and the timeline; staff said the job incentive begins on the hire date and is verified one year after employees are on payroll. Council moved, seconded and voted to approve both the infrastructure grant and the job‑creation incentive.
