MISSION ECONOMIC DEVELOPMENT CORPORATION
NOTICE OF INTENTION TO UNDERTAKE A PROJECT OR PROJECTS
TAKE NOTICE that the Mission Economic Development Corporation (MEDC) 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. However, no funds will be expended earlier than 60 days after first publishing this notice. 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: An economic incentive for a sports facility to be located at 2513 Victoria Drive, Mission, in an amount not to exceed a total of $141,000 to be paid over a period of three (3) years.
Date of Publication: September 29, 2023 Anna Carrillo, City Secretary