HARLINGEN — Officials appear close to entering into agreements with a new business.
But they remain mum about the project named for the hammer-wielding Norse god associated with thunder, lighting, power and fertility.
City commissioners tomorrow are expected to meet behind closed doors before considering agreements with the business prospect code-named Project Thor.
Raudel Garza, chief executive officer of the Harlingen Economic Development Corporation, said a confidentiality agreement prevented him from disclosing details until commissioners take action.
After the closed-door meeting, commissioners are expected to consider entering into what is known as a Chapter 380 agreement that could provide the business with incentives.
Chapter 380 of the Local Government Code authorizes municipalities to offer incentives designed to promote economic development such as commercial and retail projects.
For the rest of this story and many other EXTRAS, go to our premium site, www.MyValleyStar.com.
Subscribe to it for only $6.99 per month or purchase a print subscription and receive the online version free, which includes an electronic version of the full newspaper and extra photo galleries, links and other information you can’t find anywhere else.