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Kaufman County to workshop Crandall's $71 million TERS proposal, table decision
Summary
County commissioners heard a presentation on a proposed $71 million tax-increment financing package for a Crandall commercial development and agreed to workshop the county's possible 40% participation before taking a vote.
An economic development presentation at the Kaufman County Commissioners Court detailed a proposed Centurion American development in Crandall and asked the county to consider participating in a 40% share of infrastructure costs tied to a $71,000,000 TERS financing plan.
The EDC director described the package as strictly for infrastructure and public improvements and said the county's resources under the proposed interlocal agreement would be used "for infrastructure, water, wastewater, roads." He presented a budget breakout that included $25 million for…
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