Update presentation  regarding the Railport and Industrial Park projects (Presentation by Robert Schneeman, Economic Development Project Manager)

Staff Report & Agenda Item Details

<u>Industrial Park Phase 2.3 Infrastructure Design</u><ul><li>60% submittal  by August 19th for review and discussion. </li><li>Final Plans - address comments and finalize for submittal to the COSADC the plans and plat by Sept. 25th </li></ul><br>Note: 60% submittal,  page turn to go over the revisions, issues etc. <br><br><u>Railport Expansion</u><br>Awaiting comments from SPLRR on final closing documents - sale of property<ul><li>Staff met (Zoom Call) with Economic Development Administration rep and Concho Valley COG rep regarding potential EDA grant for water & sewer </li><li>Project is eligible for EDA grant but probably limited to a maximum $2.5M - $3M grant </li><li>EDA rep suggested doing an Engineering Feasibility Study as an initial step and that could be eligible for EDA grant money at a 60/40 split</li><li>Staff also met with City Engineering regarding this project</li><li>Engineering would like to see a feasibility study addressing sewer extension to a larger area north of FM 2105 to address possible future expansion which may be generated by the I-14 / I-27 Reliever Route</li><li>Staff estimates cost to provide water and sewer to the Railport is in the $13M range.</li><li>Staff is continuing to research funding opportunities & options</li></ul><br><br><br>

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.6/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).