Levelland Economic Development Corporation met in a brief meeting on Thursday and took action on one item.
The board approved a resolution to enter into contract to sell the former Alco Building at 510 Clubview Drive in Levelland. The EDC has agreed to sell the building to Ensign Development Group LLC out of North Logan, Utah. for retail development. The building will be sold for $300,000 and is set to close in the next 3-4 months. No incentives is being offered by the EDC.
The EDC also approved the monthly financial report and the President’s report. They also discussed that the Industry Appreciation Luncheon is scheduled for Wednesday, November 30 at the Mallet Event Center. Dr. Ray Perryman, a well known economist who is featured on Texas State Network News at noon on KLVT will be the featured speaker, sponsored by Xcel Energy and Lamb County Electric.