Development agreements between the city and two concrete plants have received preliminary approval.
At the Tuesday, March 26 city council meeting, board members examined a redeveloped agreement between the city and Listocon, also known as Reliable Concrete. The proposed 5-acre site of the plant is along Hwy. 380 and County Road 699.
The third amended and restated development agreement had several changes put forth by the city and then signed by representatives of the company.
One major component of the agreement is that in order for the Tax Increment Finance Zone board and the city council to agree to funding a $325,000 water line that would place the company on Farmersville’s water supply, they must annex into the city within 30 days.
Another sticking point was dust that would possibly cloud the air from the plant’s interior driveways. In the new agreement all interior driveways must be covered with an impervious substance such as asphalt or concrete.
By Wyndi Veigel • News Editor • [email protected]
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