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EDC approves purchase of Jason McDonald property on Reagan Street

Anna Community Development Corporation and Anna Economic Development Corporation · April 2, 2026
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Summary

After a closed session, the Anna Economic Development Corporation approved a resolution authorizing execution of a real estate sales contract and closing on property owned by Jason McDonald on Reagan Street.

The Anna Economic Development Corporation approved a resolution authorizing execution of a real estate sales contract for property owned by Jason McDonald on Reagan Street and authorizing closing on the purchase of said real property.

Chair (S1) read the resolution aloud before the vote: "the resolution of the Anna Economic Development Corporation authorizing execution of a real estate sales contract for property owned by Jason McDonald on Reagan Street and authorizing closing on the purchase of said real property." Committee member (S5) moved to approve the resolution and the Chair seconded; the board recorded affirmatives and the Chair declared the motion passed.

Board members returned from a closed session called to discuss attorney consultation, real property deliberation, personnel matters and economic development negotiations; no further details from the closed session were disclosed during the open meeting. The Chair closed the item and indicated that there were no additional actions on tonight's agenda.