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EDC outlines phased ‘Redo’ for downtown VFW property; consultants hired and market options discussed
Summary
The Economic Development Corporation presented a phased redevelopment plan for the former VFW property (referred to in materials as Liberty Hill Community Hall), discussed three operating models (city/EDC, nonprofit, private operator), and said consultants Headwater Group and the Kim Group will develop a business plan and vet bidders.
Christian, presenting for the Economic Development Corporation, told the committee that the EDC bought the former VFW site to influence what goes into downtown and to drive intentional foot traffic. He said the EDC is funded by a half‑cent sales tax (not ad valorem) and that legal limits and NAICS/job requirements constrain what the EDC can fund. Christian noted different legal readings about population thresholds (he cited 25,000 as his reading) that could affect allowable uses.
Christian said the EDC’s materials…
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