Tuesday’s regular Gainesville City Council may include approval of a resolution granting $2,500,000 in financing to the city’s economic development corporation.
The resolution proposes that Gainesville Economic Development Corporation (GED) officials borrow up to $2,500,000 for infrastructure improvements — including but not limited to roadways, water, sewer, waste water and other necessary upgrades — in development of the new 142-acre Gainesville Industrial Park. The financing will also be used for professional fees and engineering services associated with the project.
Also on Tuesday’s agenda:
• Council will consider a resolution authorizing City Manager Barry Sullivan to execute release of liens against a property to be sold at a sheriff’s sale.
• Council will consider the first reading of an ordinance designating the 1100 block of East Main Street, located between South Morris Street and South Grand Avenue, as an area where the parking of vehicles will be prohibited; providing for the erection of signs; providing a severability clause; providing for repeal of conflicting provisions; providing an effective date; and making an open meeting finding.
• Council will consider a resolution to approve placement of a monument of “The Great Hanging” in the Georgia Davis Bass Park.
• Council will consider a resolution authorizing the Mayor Jim Goldsworthy to execute a ground lease agreement with GCBX XX, LLC, for a private hangar at Gainesville Municipal Airport.
• Council will consider a resolution approving actions of the Gainesville Economic Development Corporation (GEDC) of the City of Gainesville, which voted to approve a gift agreement with Gainesville Independent School District for the purchase and construction of two billboards.
• Council will consider a resolution requesting federal action on an appointment to the Sherman division of the Eastern District of Texas — a federal judicial vacancy currently open to candidates. (Cooke County commissioners recently approved the same resolution.)