· Related development
AEDC board approves sale of 2 acres in the South Georgia Business Park to Xcel Energy
The AEDC board voted unanimously to sell 2 acres within the South Georgia Business Park to Xcel Energy at $20,000 per acre so the utility could expand electric capacity for the park and the surrounding area. News coverage said the sale still needed City Council approval.[1][2]
Kevin CarterAmarillo Economic Development Corporation (AEDC)Xcel Energy (Southwestern Public Service)
What the sources say
- ✓ Verified
On February 22, 2021 the AEDC board voted unanimously to sell 2 acres within the South Georgia Business Park to Xcel Energy at $20,000 per acre, which the minutes say would allow Xcel to expand capacity and provide additional power to the park and area residents. [1]
- Acres
- 2
- Price per acre
- $20,000
- Unverified
KFDA reported that the sale still needed City Council approval and that the price was roughly what the AEDC had paid for the land. No record of the council's action on the Xcel sale was located. [2]