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Council approves MDC deal to bring veterinary diagnostic and surgical hospital, officials say 32 jobs to follow
Summary
Council approved an economic development agreement with Midland 2025 MSO LLC to build a veterinarian-owned diagnostic and surgical hospital in West Midland; staff said the project will create 32 jobs (including five veterinarians) and include incentives capped at $160,000 with clawbacks linked to performance.
The Midland City Council voted to approve an economic development agreement between the Midland Development Corporation (MDC) and Midland 2025 MSO LLC to develop a veterinarian-owned diagnostic and surgical hospital in West Midland. MDC/project staff told council the facility is intended to address local demand for veterinary services, will create 32 jobs including five veterinarians, and will work with Texas Tech University's veterinary program in Amarillo to recruit and retain staff.
Staff explained the incentive structure: a maximum incentive capped at $160,000 to be dispersed as jobs are created and maintained, and clawbacks if performance commitments are not met; the agreement is tied to construction, maintenance at a specified Midland location, and a minimum capital investment. After a short period of council questions about NAICS classification, the council approved the agreement unanimously.
