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TexasTowelie

(111,279 posts)
Sun Apr 28, 2013, 02:42 AM Apr 2013

College Station, Texas A&M System hash out details of new development

The College Station City Council and the Texas A&M University System came together Thursday night for negotiations on a mixed-use development that could add millions of dollars to the city's tax roll.

The council voted 5-0 on an agreement between the city and system that lays out responsibilities of the governmental bodies. Councilman James Benham and Mayor Nancy Berry were absent.

The negotiation was atypical, because the majority of state university developments are tax-exempt.

However, the system's Campus Pointe development, which will be located on about 60 acres along University Drive, is different than most university endeavors.

More at http://www.theeagle.com/news/local/article_eec74ddd-6e58-5895-83e8-acb6e28a6574.html .

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