Montgomery County Economic Development Meeting 6-16-2026 Part 2

The Montgomery County Economic Development Authority (EDA) held a meeting on June 16, 2026, focusing on several procurement and budget-related matters. The board approved a performance agreement with a company named Milk, which includes a reimbursement of up to $150,000 for connection fees related to utilities such as power, gas, water, sewer, and fiber, to be used by December 2027. The fiscal year 2027 budget was also approved, highlighting an increase in maintenance costs for Falling Branch Corporate Park due to new development phases, with a $24,000 increase for road and grounds upkeep. Additionally, the EDA discussed a $141,000 purchase order with Atmos Energy for installing a 6-inch natural gas line to support certification requirements at the park. A $377,740 economic development grant contract was noted for a pump station project, with construction underway and expected to complete in about four months. The meeting also covered ongoing company retention efforts and resource partnerships to support local businesses, but no immediate expenditures were planned for natural gas upgrades unless new property acquisitions occur.