Development News for Celina, Texas
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Development News from the latest meeting
EDC Approves Performance Agreement with Terramania for Downtown Improvement Project
An economic development and performance agreement was approved with ATRH, LLC (Terramania) for improvements at 219 West Pecan Street under the downtown improvement program. The developer will invest a minimum of $50,000 in patio and site improvements, including drainage, awning, and fencing. The city and EDC will provide $20,000 in financial assistance, contingent upon the developer obtaining a Certificate of Occupancy by December 31st, 2026. The city will reimburse $10,000 and the EDC will reimburse $10,000 upon CO issuance. The developer must maintain a minimum of two full-time equivalent jobs at the property.
Local Business Growth Workshop Series Kicks Off with Strong Attendance
The EDC held its first local business support program business growth workshop series on May 27th, with over 30 Salina businesses attending. Facilitated by business coach Rich Allen, the workshop covered organizational structure, marketing strategies, engagement, and KPIs. The series is planned to run monthly through October and received positive feedback from attendees who appreciated the practical advice and homework assignments.
Application Period Open for Boards and Commissions; Council Appointment Process for Vacant Seat Outlined
The application period for boards and commissions opened yesterday and closes on June 30th. Board members Clint and Cody are encouraged to reapply as their terms are staggered. The vacant seat previously held by Shane will be filled through the normal council appointment process, with the new member starting in October.
Preliminary FY27 Budget Review Highlights Structural Changes and Capital Outlays
The board reviewed a preliminary view of the FY27 budget, which rearranges sections into operating and capital outlays/sources for clarity. This structure helps distinguish operational expenses from capital investments. The proposed budget shows minimal expense increases, accounting for significant capital outlays expected in the fall. A list of proposed increased operating expenses will be provided next month for potential amendment if new capital investment revenue is added, possibly related to the Martinec tract zoning and potential sale.
GNA Expenses Show Significant Increase in FY27 Budget, Driven by Special Projects and Operational Costs
The board reviewed the FY27 budget, noting significant increases in General and Administrative (GNA) expenses, projected to more than double from FY24 to FY27, reaching approximately $895,000. This increase is attributed primarily to special projects, including consultant studies, and steady annual increases (10-15%) across approximately ten other GNA line items. A detailed breakdown of GNA line items and the termination of spend for special projects will be provided next month.
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