· Related development
Council approves an AEDC expenditure request of $83,512.50, 5-0
Under the constrained budget, the AEDC brought a list of expenditures to the council for approval: membership dues, conference and trade-show costs, business-park mowing and a data subscription, totaling $83,512.50. The council approved it 5-0. At the same meeting a request to raise the AEDC marketing budget by $625,000 for two Interstate 40 gateway signs was moved to be tabled; the motion and second were withdrawn and the minutes record no vote on that item.[1][2]
Tom ScherlenJosh CraftLes SimpsonKevin CarterAmarillo Economic Development Corporation (AEDC)
What the sources say
- ✓ Verified
The $83,512.50 request listed High Ground of Texas dues ($25,000), Texas Economic Development Corporation dues ($25,000), an Impact Data subscription ($7,442), business-park mowing ($5,300), and marketing and conference items. The council approved it 5-0 on a motion by Tom Scherlen, seconded by Josh Craft.[1][2]
- Requested
- $83,513
- ✓ Verified
The staff memo for the request states that funding was available in the 2024/2025 budget 'conditionally approved by City Council on September 30, 2024', and that 'City Council has had numerous public conversations about the need to directly approve AEDC's expenditures until a time at which a protocol can be established by City Council for overall approval of expenditures.' The December 10, 2024 request carries the same language.[2][3]
- ✓ Verified
Item 10.F proposed raising the AEDC's 2024/2025 marketing budget by $625,000 to build two gateway signs on Interstate 40. Tom Scherlen moved to table it and Les Simpson seconded. Simpson then withdrew his second and Scherlen withdrew his motion, and the minutes record no vote on the item.[1]
- Proposed increase
- $625,000