MISSION ECONOMIC DEVELOPMENT CORPORATION
NOTICE OF INTENTION
TO UNDERTAKE A PROJECT OR PROJECTS
TAKE NOTICE that the Mission Economic Development Corporation of the City of Mission, (the “MEDC”), shall convene not earlier than 60 days after first publishing this notice and shall consider authorizing and undertaking a Project or Projects, as hereinafter described, pursuant to the provisions of V.T.C.A. Local Government Code Sections 505.001 et seq. The MEDC is authorized on behalf of the City of Mission, Texas to undertake the Project or Projects by paying the cost of the Project or Projects with sales tax revenues authorized under said Local Government Code sections.
The Board of Directors of the MEDC will determine whether the Project or Projects will be undertaken and whether it will finance the cost of the Project or Projects with proceeds from sales tax revenues.
The Project or Projects shall consist of the following: (1) City of Mission in an amount not to exceed $1,000,000; (2) Texas Citrus Fiesta in an amount not to exceed $60,000; (3) Hi-Tech Plastics, LLC in an amount not to exceed $35,000; and (4) Tech Prep in an amount not to exceed $75,000.
Anyone interested is invited to attend and present their comments.
Date of Publication: June 22, 2012
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The Progress Times is the hometown newspaper for the local communities of Mission, Sharyland, Alton, Palmview, La Joya and surrounding areas in Western Hidalgo County. We have a staff of veteran reporters who work diligently every week to bring our readers the latest news as it affects their hometown area and people.