• October 21, 2019

Proposed entity could spur county development - Odessa American: Announcements

e-Edition Subscribe

Proposed entity could spur county development

Print
Font Size:
Default font size
Larger font size

Posted: Tuesday, July 9, 2019 9:00 am

The creation of the Ector County Public Facility Corporation is pending approval from county commissioners.

Ector County Commissioners will consider approving a resolution authorizing the creation of a nonprofit public corporation to provide for the financing, refinancing, acquisition and construction of public facilities.

The Commissioners’ Court will convene at 10 a.m. Tuesday in the commissioners’ courtroom, Room 120, located in the Ector County Administration building annex, 1010 E. Eighth St., and take action on agenda items.

Precinct 2 Commissioner Greg Simmons said ECPFC would operate similar to the Odessa Housing Finance Corporation, but “that entity is limited to only city limits so if we establish this or allow this group to move forward with their idea it would allow that same type of opportunity to exist outside of city limits for development.”

The affairs of the corporation will be managed by a board of directors composed of all the members of the board of directors of OHFC. The six initial directors of the corporation will include Melanie Hollmann, Roy Allen, Connie Coots, Jim Rector, Cruz Castillo III and City Manager Michael Marrero.

Simmons said although the corporation could oversee community buildings, development would likely center on single-family and multi-family housing, which has become a greater concern as more people have moved to the area.

“This is just a proposal to see if we would consider setting up something like that to be able to offer some tax advantages to people who make investments in those areas through that entity,” Simmons said, and “help pull some of those investment dollars out in the county to develop some of the housing that is needed out in that area.”

He said developers who agree to the corporation’s guidelines could also borrow money at lower interest rates.

ECPFC is authorized to issue bonds; however, no bonds, notes, interim certificates or other debt may be issued by the corporation unless such bonds are first approved by the Commissioners’ Court, the certificate of formation outlines.

IN OTHER BUSINESS, COMMISSIONERS WILL CONSIDER:

>> Approving a resolution for the August Unified Transportation Plan (UTP) revision.

>> Accepting a donation of $100,000 from Bustin for Badges for the Ector County Sheriff’s Office.

>> Accepting a donation of $200 from Quinton Kelley for the Ector County Sheriff’s Office.

>> Accepting a donation of a White's VX3 Spectra Series Metal Detector from Royce Underwood for the Ector County Sheriff’s Office.

>> Purchasing two ovens in the amount of $5,944.66 for the Ector County Youth Center.

>> Purchasing a Scag Bagger Mower for Building Maintenance Department, and approving the purchase of such item from Equipment Services Fund expenditure line item, Motor Vehicle Equipment, 051-770-5505 in the amount of $2,099.

>> Approving a request from the Entrench Civil Contractors, Inc. to close a section of N. Canyon Avenue along 16th Street in Precinct 1 for Ocotillo Park Waterline Installation.

>> Approving the following bid specification: Highways and Streets - Metal Shed Covers for Equipment Option No. 2.

>> Extending the termination date of the Flexible Benefits Plan Document and Summary Plan description of the Cafeteria Plan being administered by American Fidelity Assurance Company on behalf of Ector County in compliance with IRS Code Section 125 to Sept. 30, 2019.

>> Extending the termination date for the Subscription Agreement between Ector County and American Fidelity Assurance Company until Sept. 30, 2019.

>> Reclassifying two senior deputies.

>> Allowing any Ector County employee who opts out of county-provided health and dental insurance to receive a monthly stipend as well as participate in the Employee Wellness Center provided the employee takes an annual Health Risk Assessment (HRA) within 60 days of opting out.

>> Implementing a Jailer sign-on bonus promotion program, effective Oct. 1, 2019 and adopting a Repayment Agreement if the employee terminated with Ector County in less than one year from date of hire.

>> Approving proposed Subdivision Gardendale Industrial being a 20.665 acre tract of land situated in Section 5, Block 41, T-1-S, T&P RR Ector County, Texas.

>> Approving a line item transfer to FMLR fund, Road Maintenance, Department

Furniture and Equipment, 002-810-5199 for $990 from Road Maintenance, Shop Supplies,

002-810-5191.

>> Approving a budget amendment to Coliseum Capital Improvement Fund, Stall Barn, Professional Services, 043-861-5307 for $140,596 and to Stall Barn, New Building, 043-861-5503 for $3,738,000 from Coliseum Capital Improvement Fund, Unreserved Fund Balance, 043-3310 for $3,878,596.

>> Approving the Accounts Payable Fund Requirements Report for July 9, 2019.

Reference Links

Odessa, TX

Current Conditions

Sunny
76°
Humidity: 8%
Winds: W at 12mph
Feels Like: 76°

Your Extended Forecast

Tomorrow

weather
High 76°/Low 44°
Mainly clear. Lows overnight in the mid 40s.

tuesday

weather
High 78°/Low 51°
Abundant sunshine. Highs in the upper 70s and lows in the low 50s.

wednesday

weather
High 84°/Low 52°
Abundant sunshine. Highs in the mid 80s and lows in the low 50s.
Online Features

Pet Central

pets

Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>

Fitness

Fitness

Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>

Crosswords

Crosswords

Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>

Sudoku

Sudoku

Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>




  • ALL-ACCESS: Subscribe to our e-edition and premium website at myoaoa.com.
    You can read your daily newspaper without taking a walk to the driveway.
    Look back at yesterday's newspaper, or issues from months ago with our archive feature.
    Call circulation at 432-337-7314 to sign up today.