Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Project Sprouts topic
No spam. Unsubscribe anytime.
EDC approves incentive agreement for Project Sprouts, authorizes $875,000 over three years
Summary
The Hutto Economic Development Corporation approved an Economic Development Performance Agreement for Project Sprouts, a commercial development anchored by a planned 23,000 sq. ft. Sprouts Farmers Market, authorizing $875,000 in incentives payable over three years conditional on store opening and parcel leasing. Vote was 7–0.
The Hutto Economic Development Corporation voted unanimously to approve an Economic Development Performance Agreement (EDPA) for "Project Sprouts," a proposed commercial development at the northeast corner of State Highway 130 and Highway 79.
EDC staff described the project during a required public hearing as “planned to be anchored by an approximate 23,000 square foot Sprouts Farmers Market with an additional 24,000 square feet of planned commercial space,” and said the applicant is seeking $875,000 in EDC incentives to be paid over a three‑year term and conditioned on the store opening and the leasing of additional parcels. Board member Snyder moved to approve the EDPA with the revisions discussed in executive session; the motion passed in a roll‑call vote, 7–0 (yes: Chair Carlson; Secretary Morales; board members Morris, Gonzales, Thornton, Porterfield, Snyder).
The resolution number referenced by staff for the EDPA action was R‑HEDC‑2025‑137. The EDPA approval followed lengthy staff presentations and an executive‑session review; staff said the agreement incorporates amendments discussed in executive session before the vote.
The board’s approval obligates staff to finalize the EDPA terms and implement the incentive schedule once the contractual conditions (store opening and parcel leasing) are met. No dissenting votes were recorded.
The board also held the formal public hearing required by state law before authorizing the incentive agreement; the hearing record and the EDPA will be available through the EDC and city records.
