The Baker Hotel, Mineral Wells, Texas

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Mineral Wells Appoints Seven To Economic Development Board

by: Mary Richardson
July 24, 2014

The Mineral Wells City Council recently approved the selection of a seven-member board of directors for an economic development sales tax non-profit corporation.

Board members selected were Mineral Wells Mayor Mike Allen, Mayor Pro-Tem John Upham, Don Crawford, Beth Watson, Phil Garrett, Harris Brooks and Brad Wilkerson.

"As a requirement of the city's 4b economic sales tax proposition which passed in May, I would like to see the initial board appointed for two years," said Lance Howerton, city manager.

The proposition allowed for a reallocation of an eighth-of-a-cent of the city's sales tax, about $4 million in public funds, that will go towards the redevelopment of the Baker Hotel, a $56.2 million restoration project.

Howerton explained that selecting board members is the first step, and the next step is establishing a non-profit corporation known as the Mineral Wells Community Development Corp. which will oversee proposed activities for redevelopment.

http://www.lakecountrysun.com/news/ci_26206945/mineral-wells-appoints-seven-economic-development-board