Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Fannin County approves MOU with economic-development authority on WhiteHat property; monthly payments to be split
Summary
The Fannin County board approved a memorandum of understanding with the county Economic Development Authority over the sale of the WhiteHat property. The purchaser’s monthly payment was described in the meeting as $30,008.21, with $14,000 to the authority and $16,008.21 to the county; contract and timeline details will be finalized.
The Fannin County Board of Commissioners moved to approve a memorandum of understanding (MOU) with the Fannin County Economic Development Authority regarding the sale of the property referred to in the meeting as the WhiteHat property.
At the meeting, a county representative read the payment-allocation language from the draft MOU, saying the purchaser’s monthly payment would be $30,008.21 and that ‘‘$14,000 . . . shall be retained by the authority, and $16,008.21 shall be delivered to the county on a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
