Economic Development Advisory Committee Meeting, 03/19/2026

The City of Laredo Economic Development Advisory Committee met on March 19, 2026, primarily to discuss administrative updates and ongoing economic development projects. Key procurement-related topics included the announcement of a $58 million federal grant awarded for the construction of an overpass in the Santa Maria area, representing a significant capital improvement project. The committee also discussed a federal-state partnership grant from the Southwest Border Regional Commission totaling approximately $665,000, with a city match of $133,000, aimed at rehabilitating a dilapidated city-owned property downtown to create incubator and technical assistance space for small businesses. Additionally, updates were provided on infrastructure improvements funded by grants in the downtown area, including mural projects and sidewalk enhancements. No formal votes on contracts or procurement actions were taken due to lack of quorum, but the committee was informed of ongoing grant-funded projects and staffing changes within the economic development department that will support future procurement and project execution.