Odessa Development Corporation Board Meeting Agenda May 2026
ODC Awards $10 Million Grant for Odessa College Downtown Campus
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Description
The Odessa Development Corporation authorized a $10 million grant to Odessa College for a new downtown campus focused on business, hospitality, welding, and workforce training. Funds will be disbursed in three installments tied to time and construction milestones.
Contract Details
Contract Amount
$10 million (paid as $5 million upfront, $2.5 million the next year, and $2.5 million after start of construction)
Vendor
ODESSA COLLEGE
Agency
City of Odessa city, TX
Contract Type
OTHER
Document Date
May 14, 2026
Renewal Info
New capital grant with staged payouts; future payments are contingent on timeline and construction commencement but no formal renewal options described.
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Odessa Development Corporation Board Meeting Agenda May 2026
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Odessa Development Corporation Board Meeting Agenda May 2026
Odessa Development Corporation Board Meeting Agenda May 2026
Odessa Development Corporation Board Meeting Agenda May 2026
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