The City of San Angelo Development Corporation will recommend a $29,700 economic development incentive for Lip Chip LLC. The company plans to build a plant outside city limits. The item will go to City Council for approval.
In closed session the Development Corporation board discussed a real estate bid. In July the city took bids from developers for land adjacent to the new Railport. This is the third time the city sought bids for this land. After closed session the board had no report for the public.
The Development Corporation locked in a $2 million incentive for Angelo State University's pilot training program. No one from the public spoke during the public hearing on this item. The money will go toward a new facility.
Assistant City Manager Michael Dane said City Council chose not to set strategic priorities for the coming fiscal year. He recommended the Development Corporation Board set some strategic priorities as they would help staff focus.
The board endorsed the following three strategic priorities.
Transportation (planes, trains and automobiles)
Business Recruitment/Business Retention and Expansion
Quality of Life
In prior years City Council identified water and economic development as key priorities. Top staff positions in both areas have been vacant for over a year.
Maybe a key strategy should be leadership recruitment and retention. It would help the city achieve its other important aims.
Update 10-13-23: City Council will take a second vote on the Lip Chip incentive in their 10-17-23 meeting.
The State of Texas requires “Community Support” for any project in which they will participate.There are multiple ways for Lip Chip to get state funding. It's not clear if Lip Chip will receive any federal funds.
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