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Ingleside council votes to refund $170,488.40 to GLO after buyout properties fail to attract bids
City of Ingleside City Council · December 11, 2024
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Summary
Council chose to return $170,488.40 in Texas General Land Office buyout grant funds after attempts to find redevelopment bidders failed; the refunds will free the city to sell the properties and return them to the tax rolls.
After twice advertising for redevelopment of properties purchased under a Texas General Land Office (GLO) buyout grant, the City of Ingleside decided to refund $170,488.40 to the GLO and then place the properties back on the market.
City staff told the…
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