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Development Corporation

November 12, 2025 Final

Agenda — 2 items

  1. Consider approving an electrical service and maintenance agreement by and between the City of San Angelo Development Corporation and MC Electric not to exceed $50,000, and authorizing the Board President or their designee to execute all necessary documents (Nora Nevarez)
  2. Section 551.087 - Business prospect negotiations regarding: 1. Project Surge2. Project Cyclone3. Project Heavy Metal4. A resolution authorizing the Board President to negotiate and execute an economic development incentive agreement with Mrs. Rios Corn Products, a project authorized under Chapters 501 & 505 of the Texas Development Corporation Act necessary to promote economic development and expand business enterprises which create or retain primary jobs; and recommending approval by City Council.

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