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Amaro, Cantu attend first meeting as FEDC board members
Wilson County NewsJune 13, 2012 | 2,029 views | 5 comments
FLORESVILLE -- The board of directors for the Floresville Economic Development Corp. (FEDC) has taken on a new look, as the Floresville City Council recently replaced two of its members. New board members Dino Cantu and Freddy Amaro attended their first FEDC board meeting June 4.
Cantu was appointed May 10 to replace Gloria Estrada Martinez, who resigned her post to accept an administrative position with the Floresville 4A Corp.
The council appointed Amaro May 24 to replace Monica Flores, who was removed from the board by a council vote. Councilman John W. Guerrero alleged that Flores’ removal was related to her questioning the FEDC’s commitment to allocate $125,000 annually for 20 years toward a proposed sports complex.
Aside from approval of the minutes of its May 7 meeting, the only action item on the June 4 meeting’s agenda was related to property offers. This was discussed in closed session, during which the board invited Floresville residents Ben Reed, David Strozier, and Eric and Lisa Rodriguez to participate in the discussion. Strozier said after the meeting that he and the other two parties are interested in purchasing two acres in the Lone Oak Business Park off U.S. 181.
Upon reconvening in open session, the board tabled any action. They directed Executive Director Jesse Perez to contact Reed, Strozier, and the Rodriguezes to obtain more information. He then will report to the board before it takes action at its July 9 meeting.
This is not the first time someone has attempted to purchase the 2-acre tract from the FEDC. In March, the board voted to sell it for $25,000 per acre to Floresville-based CVG construction, which planned to build 40 cottages there. The board voted May 7 to rescind the offer. See “FEDC board rescinds CVG offer,” May 16.
Also during the meeting, Perez gave a budget report. He said that the corporation has a total of $561,163.80 in the bank -- $45,465.33 in a checking account, $458,921.84 in its money-market account, and $56,776.43 in its certificate of deposit account.
With regard to sales-tax collections, Perez said the FEDC received $58,276.29 from the state in May. Year-to-date, the corporation has received a total allocation of $383,150.01 from its half-cent sales tax.
“Our projections are holding true,” he said.
Perez said the corporation has collected an average of $47,893.75 per month, and might reach the $600,000 mark by year’s end.
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