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Section A: General News


FEDC retains Rancho Grande mineral rights




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Wilson County News
March 13, 2013 | 1,531 views | 1 comment

FLORESVILLE -- As companies continue to purchase property in El Rancho Grande Industrial Park, the question of mineral rights has come before the Floresville Economic Development Corp. (FEDC).

Three companies, Laredo Hydro-Tec LP, Hammer Isolation LLP, and Hammer Exploration LP, already had entered signed earnest money contracts with the FEDC. Those contracts were amended during the March 4 meeting of the corporation’s board.

Interim Executive Director Ram Ramirez said the companies all waived their rights to the mineral property on the land and the contracts were adjusted to reflect the changes.

Also during the meeting, the FEDC hired attorney Howard Berger to assist in real estate transactions for the corporation.

“This is limited to specific assigned real estate transactions,” Berger said during the meeting. “I know that y’all’s attorney is Dominic [Carvajal] and on occasion it’s Lou [Rosenberg]. I have a lot of confidence in both of them. I’m here just helping out on whatever assigned real estate transactions y’all want to give.”

During the meeting, the board also:

•Amended a commercial contract with Eric and Lisa Rodriguez on property in the Lone Oak subdivision.

•Approved the minutes from the FEDC’s Feb. 4 meeting.

Floresville Economic Development Corp. regular meeting March 4. In attendance: Board members Mary Helen Tieken, Andy Eubanks, Jason Talley, Mike Herry, and Ray Lamberth.

 

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