City pre allocates $3.8MM of EDC funds
Bee Cave City Council passed an ordinance on September 12th adopting a budget for FY 2017-2018 for the Economic Development Corporation.
The EDC fund balance is currently $3.8 million and the new budget proposes:
- $150k on the connectivity plan implementation
- $75k for the RR620 trail extension
- $100k for enhanced crosswalks
- allocating $650k for possible road projects - “just in case”.
Source - Monty Parker's FaceBook page.
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