Levelland Economic Development Corporation met in a specially called meeting this morning.
They met in executive session to discuss the purchase or sale of property. Following a brief executive session they reconvened in open session and took action on a unanimous vote to allow Board President Elgin Conner and Executive Director John Clary to enter negotiations with a national investment firm who contacted the EDC, interested in purchasing the former Alco Building.
Clary said “the firm contacted him, ironically, 2 days after the EDC’s purchase of the Alco building. They are looking at the building for undisclosed retail development. The EDC is not offering any incentives to the firm.