Ask AI

Opens the assistant with a question about this page. Answers come from the AI, not this site.

Nov 2023 · Context

AEDC conveys land valued at $1,201,200 to Coast Packing

The AEDC's audited FY2023 financial statements report that in November 2023 the AEDC conveyed land valued at $1,201,200 to Coast Packing Company-South, LLC under the October 2022 incentive agreement. The AEDC's total commitment to Coast was $2,921,200: up to $720,000 for jobs, $1,000,000 in railway improvements and the land.^[1]^[2]

Amarillo Economic Development Corporation (AEDC)Coast Packing Company

Downtown & development

What the sources say

✓ Verified
'In November 2023, AEDC conveyed land valued at $1,201,200 to Coast Packing Company-South, LLC in accordance with the incentive agreement established in October 2022.' The FY2024 audit gives the remaining commitment at September 30, 2024 as $1,720,000.^[1]^[2]
Land value
$1,201,200
Remaining commitment
$1,720,000

Sources

1.Amarillo Economic Development Corporation Financial Statements (audit), September 30, 2023 and 2022 — Amarillo Economic Development Corporation, Mar 27, 2024 · retrieved Oct 16, 2026primarySubject-authoredScanned file read with OCR. Note 20: "In November 2023, AEDC conveyed land valued at $1,201,200 to Coast Packing Company-South, LLC"; "In February 2024, AEDC conveyed 413 acres of land valued at $4,961,160 to Plant AS". Note 16: Jax Transport "$75,000 of funds have been expended".
2.Amarillo Economic Development Corporation Financial Statements (audit), September 30, 2024 and 2023 — Amarillo Economic Development Corporation, Mar 17, 2025 · retrieved Oct 16, 2026primarySubject-authoredScanned file read with OCR; issued March 17, 2025. Note 16 on Asset Protection Unit: "$970,000 of incentives have lapsed"; on Jax Transport: "$240,000 of funds have been expended on this commitment, leaving a remaining commitment of $3,060,000". Note 20: "AEDC approved a purchase sale agreement with Pacific Cheese for approximately 3.61 acres".