EDC Meeting: April 8, 2026 (Audio Only)

The City of Texas City's Economic Development Corporation (EDC) held a meeting on April 8, 2026, where key procurement and budget matters were discussed. The board unanimously approved Resolution 2026-11 to allocate $147,420 from the professional services budget line to renew the U.S. Army Corps of Engineers permit for the Shaw Point development project. This renewal involves contracting HDR to deliver engineering support and detailed CAD models by July 31, facilitating ongoing industrial development efforts. Additionally, staff provided updates on sales tax data analytics and recovery services contracted with HDL, highlighting positive year-over-year sales tax growth and a significant sales tax recovery following a state audit. The meeting also included a briefing on recent property sales comps indicating a sale price of approximately $2 per square foot, with further analysis planned for future meetings. No other procurement actions or contract awards were reported during this session.