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The Bastrop Economic Development Corporation is asking the city for approval to spend as much as $1 million on infrastructure projects in the Bastrop Business and Industrial Park.
Interim BEDC Director Genora Young presented to the City Council on Tuesday plans to extend Jackson Street and make properties in that area “shovel ready.”
The development of the road would include utility improvements, and because of supply chain strains across the world due to the pandemic, engineers and city representatives have estimated that the project would cost under $1 million.
Some of the money, around $200,000, would come from a bond granted to the BEDC in 2013.
The project, Young said, would possibly make three additional properties in the industrial park available for development in the future.
“This is our effort to make the council aware of what the EDC is looking at as far as infrastructure improvements in the park, and where would be the best place to start,” Young said.
Just north of where the infrastructure improvements are being proposed is another major development the city approved in September. MOVA Ventures Nebraska LLC, an Austin-based financial technology company, has plans to construct a three-building headquarters in a 26.5-acre plot of land in the park soon.
The BEDC is hoping to continue the city’s economic growth by attracting more businesses to the industrial park, and the city would act as the project manager for the infrastructure improvement project, Young said.
Council Member Drusilla Rogers suggested the BEDC offer bids for the contractor who would be responsible for the design and construction of the project.
Council Member Jimmy Crouch, who is a construction consultant and general contractor, agreed.
“I would recommend that it goes out to bid, not just awarded to somebody,” he said.
Mayor Connie Schroeder, who also serves on the BEDC’s board, explained that “the intention is that when the project is completed, someone can travel south on Jackson, turn east on a street that doesn’t have a name yet, and go just over a mile.”
The council unanimously voted to continue discussing the proposed infrastructure improvement project at its Dec. 14 meeting.
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