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Temporary AEDC board declines to extend CVMR's construction deadline; grants Plant-AS six months, 5-0
Staff presented an amendment extending CVMR's construction start date by six months. Asked what would happen without an extension, President Carter said the AEDC would start the process of getting the land back. Director Smith moved not to extend; Vice-Chair Patel seconded and the motion passed unanimously. The board then unanimously approved a six-month extension of Plant-AS's construction start date that did not change its construction end date.[1]
Kevin CarterAlex FairlyDipak PatelHoward SmithJosh CraftDon TippsAmarillo Economic Development Corporation (AEDC)CVMR (Texas) Inc.Plant AS (Plant-AS-DNPS-003-2)
What the sources say
- ✓ Verified
The minutes record that Director Smith asked why CVMR needed an extension and that Chairman Fairly said 'they were not ready to start and does think they will be ready in 6 months' (as printed). Attorney Atkins explained how the process of getting the land back would work. Director Smith's motion 'not to extend the Amendment', seconded by Vice-Chair Patel, passed unanimously.[1]