Levelland EDC Takes Action to Begin Negotiation on Sale of Former Alco Building

LEDC

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.

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About KLVT News

News Director for KLVT AM 1230 in Levelland. We provide local and regional news updates 5 times a day on KLVT AM 1230 and online at www.klvtradio.com
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